A Keynesian economist would expect a supply-side tax cut to shift
a. only the aggregate supply curve outward.
b. only the aggregate demand curve outward.
c. both the aggregate demand and aggregate supply curves outward.
d. the aggregate supply curve outward and the aggregate demand curve inward.
b
Economics
You might also like to view...
Which of the following shows alternate paths for decision making?
a. organizational chart b. gantt chart c. decision tree d. simulation
Economics
When the price of corn increases, the quantity of corn demanded falls. Explain this change in terms of income and substitution effects
What will be an ideal response?
Economics