Multiple Choice
In the aggregate demand-aggregate supply model, everything else remaining unchanged, an increase in taxes causes the____ curve to shift_____ .
A) short-run aggregate-supply; right
B) short-run aggregate-supply; left
C) aggregate-demand; left
D) aggregate-demand; right
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q5: A rise in wealth, everything else remaining
Q6: The development of the large structural macroeconomic
Q7: Which of the following is a difference
Q8: With the price level measured on the
Q9: If the Fed does not change its
Q11: In some sophisticated macroeconomic models, if monetary
Q12: In the aggregate demand-aggregate supply model, a
Q13: When the price level in an economy
Q14: Which of the following is true of
Q15: A rise in the real interest rate,