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Personal Income Taxes Rise

Question 195

Multiple Choice

Personal income taxes rise.This lowers __________,which lowers __________ and the __________ curve shifts __________.


A) net exports; aggregate demand (AD) ; AD; leftward
B) consumption; short-run aggregate supply (SRAS) ; SRAS; rightward
C) government revenue; net exports; AD; rightward
D) consumption; aggregate demand (AD) ; AD; leftward
E) none of the above

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