At a given price level, a decrease in consumer credit will shift the aggregate demand curve:

A) rightward.
B) leftward.
C) both.
D) none of the above.

B

Economics

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According to projections for 2016 by the Tax Policy Center, the 20 percent of U.S. taxpayers who make the highest incomes

A) pay about 92 percent of federal income taxes but only about 20 percent of Social Security and Medicare payroll taxes. B) pay more in excise and other taxes than they pay in Social Security and Medicare payroll taxes. C) pay almost 69 percent of federal income taxes. D) use loopholes and tax exemptions to reduce their share of federal income taxes to less than 20 percent.

Economics

If the price of Snickers candy bars fall 10% and quantity demanded rises by 11%, demand is _________.

Fill in the blank(s) with the appropriate word(s).

Economics