A large government debt increases the amount of capital in the economy and thereby increases future incomes and real wages

The actions of a miser benefit ____ and the actions of a philanthropist benefit ____

a. a select few; a wide range of individuals b. a wide range of individuals; a select few c. a wide range of individuals; a wide range of individuals d. a select few; a select few

If the price of inputs rises and personal income taxes rise:

a. Aggregate demand rises, but aggregate supply does not change. b. Aggregate demand falls and aggregate supply rises. c. Aggregate demand rises and aggregate supply rises. d. Aggregate demand falls and aggregate supply falls. e. Neither the aggregate demand nor the aggregate supply change.