Multiple Choice
If all provincial governments were to harmonize the provincial Goods and Services tax to be the same rate and cover the same items as the Federal Goods and Services tax,we would expect
A) the AD curve to shift to the right.
B) no change in the AD curve.
C) the AD curve to shift to the left
D) to not know the impact the AD curve since some tax rates may go up while others may go down.
Correct Answer:

Verified
Correct Answer:
Verified
Q54: When the relative prices of American-made goods
Q55: An indirect effect of an increase in
Q56: The fact that real GDP decreases when
Q57: The horizontal axis for an aggregate demand
Q58: If exports were to rise and imports
Q60: Figure 6-1 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4981/.jpg" alt="Figure 6-1
Q61: The vertical axis for an aggregate demand
Q63: If the price level increases,the value of
Q68: What are the three forces that cause
Q159: What is the shape of the long-run