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    Essential Foundations of Economics Study Set 1
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    Exam 20: Fiscal Policy and Monetary Policy
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    A Tax Hike ________ Aggregate Demand and ________ Aggregate Supply
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A Tax Hike ________ Aggregate Demand and ________ Aggregate Supply

Question 70

Question 70

Multiple Choice

A tax hike ________ aggregate demand and ________ aggregate supply.


A) increases;increases
B) increases;decreases
C) decreases;increases
D) decreases;decreases
E) does not change;increases

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