Which of the following will shift the aggregate demand curve outward?
a. tax cuts and government spending cuts
b. tax increases and government spending increases
c. tax cuts and government spending increases
d. tax increases and government spending increases
c
Economics
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Contractionary fiscal policy
What will be an ideal response?
Economics
Higher the economic freedom in a country, _____
a. lower is the standard of living of the people b. higher is the life expectancy of the people c. greater is the bureaucratic freedom and red-tapism d. lower is the level of access to education due to lack of government schools e. lower is the literacy rate
Economics