Multiple Choice
If net taxes exceed government purchases,
A) the price level will rise
B) the money supply must fall
C) the aggregate demand curve will shift rightward
D) the short-run aggregate supply curve will leftward
E) there will be a federal budget surplus
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q13: People will be likely to spend a
Q126: An automatic stabilizer<br>A)keeps taxes and government spending
Q128: Which of the following does not limit
Q129: Which of the following is not a
Q130: After the Great Depression,the role of fiscal
Q132: Although discretionary fiscal policy worked fairly well
Q133: Other things constant,a decrease in real GDP
Q134: If government purchases increase and net taxes
Q135: A temporary tax cut would not be
Q136: Which of the following had the greatest