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    Exam 24: Aggregate Demand and the Powerful Consumer
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    For Each $1 of a Tax Cut, Economists Expect Consumption
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For Each $1 of a Tax Cut, Economists Expect Consumption

Question 88

Question 88

Multiple Choice

For each $1 of a tax cut, economists expect consumption to


A) decrease by $1.
B) decrease by less than $1.
C) increase by less than $1.
D) increase by $1.

Correct Answer:

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