Multiple Choice
When drawn against the real interest rate,the output demand curve unambiguously shifts to the right if either or both of the following occur.
A) an increase in current taxes and an increase in future taxes
B) an increase in current taxes and a decrease in future taxes
C) a decrease in current taxes and an increase in future taxes
D) a decrease in current taxes and a decrease in future taxes
Correct Answer:
Verified
Correct Answer:
Verified
Q35: The demand for current consumption,as plotted against
Q36: The intertemporal substitution of leisure effect is
Q37: In the real intertemporal model,if future total
Q38: An increase in lifetime wealth<br>A) increase current
Q39: If future total factor productivity increases<br>A) labor
Q41: Output supply is increasing in the interest
Q42: In the real intertemporal model with investment,there
Q43: When drawn against the real interest rate,the
Q44: When drawn against the real interest rate,output
Q45: Any increase in the present value of