Proponents of deficit reduction argue that the principal effect will be an
A. outward shift of the aggregate supply curve.
B. inward shift of the aggregate supply curve.
C. outward shift of the aggregate demand curve.
D. inward shift of the aggregate demand curve.
Answer: A
Economics
You might also like to view...
If interest rates in Japan rise and those in the United States do not change, there is
A) a decrease in the supply of dollars. B) an increase in the supply of dollars. C) a downward movement along the supply curve for dollars. D) None of the above answers is correct.
Economics
Which of the following combinations of changes in government spending and taxes in necessarily expansionary?
A) Increase/Increase B) Increase/Decrease C) Decrease/No change D) Decrease/Increase E) Decrease/Decrease
Economics