Multiple Choice
Which of the following happens to aggregate demand if people want to save more for retirement and the government raises taxes?
A) Aggregate demand shifts right.
B) Aggregate demand shifts left.
C) If people save more, aggregate demand shifts right; f the government raises taxes, aggregate demand shifts left.
D) If people save more, aggregate demand shifts left; if the government raises taxes, aggregate demand shifts right.
Correct Answer:

Verified
Correct Answer:
Verified
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