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    Macroeconomics Study Set 22
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    Exam 12: Aggregate Demand and Aggregate Supply
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    We Would Expect a Decline in Personal and Corporate Income
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We Would Expect a Decline in Personal and Corporate Income

Question 124

Question 124

Multiple Choice

We would expect a decline in personal and corporate income taxes to:


A) shift the aggregate demand curve rightward.
B) increase consumption and investment spending.
C) increase the real output.
D) do all of the above.

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