An income tax cut ________ aggregate demand and ________ aggregate supply

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

B

Economics

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Refer to the figure. Which of the long-run aggregate-supply curves is consistent with long-run equilibrium?

a. both LRAS2 and LRAS3 b. LRAS3 c. LRAS1 d. LRAS2

Economics

Explain how labor unions may create structural unemployment

What will be an ideal response?

Economics