A tax cut ________ aggregate demand and ________
A) decreases; shifts the AD curve rightward
B) increases; shifts the AD curve leftward
C) increases; shifts the AD curve rightward
D) decreases; shifts the AD curve leftward
E) does not change; does not shift the AD curve
C
Economics
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Explain the relationship between the aggregate expenditures model in graph (A) below and the aggregate demand–aggregate supply model in graph (B) below where aggregate demand is shifting while the price level remains constant.
Economics
Which of the following is most likely to be a major source of growth in per capita GDP?
A. a high investment / GDP ratio B. a high rate of inflation C. rapid population growth D. rapid growth in the money supply
Economics