Multiple Choice
Other things equal, an increase in taxes on businesses will
A) increase aggregate supply, decrease aggregate demand, and cause the price level to fall.
B) increase aggregate supply, increase aggregate demand, and cause real GDP to rise.
C) decrease aggregate supply, decrease aggregate demand, and cause real GDP to fall.
D) decrease aggregate supply, increase aggregate demand, and cause the price level to rise.
Correct Answer:
Verified
Correct Answer:
Verified
Q81: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8601/.jpg" alt=" Refer to the
Q82: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8601/.jpg" alt=" A) increase the
Q83: Assume that the required reserve ratio is
Q84: The liquidity trap refers to the situation
Q85: The Federal Reserve gives much more weight
Q87: All else equal, when the Federal Reserve
Q88: Which of the following actions by the
Q89: Assume that the commercial banking system has
Q90: Which of the following statements is most
Q91: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8601/.jpg" alt=" A) decrease the