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    Essentials of Economics
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    Exam 15: Aggregate Demand and Aggregate Supply Analysis
  5. Question
    Figure 15-1 -Refer to Figure 15-1.Ceteris Paribus,an Increase in Personal Income Taxes
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Figure 15-1 -Refer to Figure 15-1.Ceteris Paribus,an Increase in Personal Income Taxes

Question 29

Question 29

Multiple Choice

Figure 15-1 Figure 15-1   -Refer to Figure 15-1.Ceteris paribus,an increase in personal income taxes would be represented by a movement from A) AD<sub>1</sub> to AD<sub>2</sub>. B) AD<sub>2</sub> to AD<sub>1</sub>. C) point A to point B. D) point B to point A.
-Refer to Figure 15-1.Ceteris paribus,an increase in personal income taxes would be represented by a movement from


A) AD1 to AD2.
B) AD2 to AD1.
C) point A to point B.
D) point B to point A.

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