Aggregate demand increases if the quantity of money ________
A) decreases or tax rates increase
B) or transfer payments decrease
C) remains constant or tax rates increase
D) increases or tax rates decrease
D
Economics
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Demand is elastic if the consumer has only a few substitutes to choose from.
Answer the following statement true (T) or false (F)
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Slope is calculated as a change in the variable on the horizontal axis divided by a change in the variable on the vertical axis.
Answer the following statement true (T) or false (F)
Economics