Multiple Choice
A one-time tax rebate,which is not expected to be extended in future years,will
A) have a small positive effect on consumption and aggregate demand.
B) have no effect on consumption and aggregate demand.
C) have a significant positive effect on consumption and aggregate demand,with aggregate demand growing by a multiple of the tax rebate.
D) increase aggregate supply and aggregate demand.
Correct Answer:
Verified
Correct Answer:
Verified
Q23: Figure 16-5 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1236/.jpg" alt="Figure 16-5
Q31: The impact of crowding out may be
Q91: The aggregate demand curve will shift to
Q120: If the federal budget goes from a
Q141: A study by Edward Prescott found that
Q184: For the federal deficit to be lowered<br>A)the
Q257: Decreasing government spending _ the price level
Q275: Table 16-6<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1236/.jpg" alt="Table 16-6
Q279: Which of the following is considered contractionary
Q306: Suppose real GDP is $14 trillion and