Compare the effect on the price level and real GDP of a decrease in tax rates assuming a supply-side effect versus no supply-side effect. Compared to no supply-side effect, including a supply-side effect for the decrease in tax rates will cause the price

Moving along the aggregate expenditure (AE) curve, when real GDP increases, aggregate planned expenditures increase

A) by the same percentage as does real GDP. B) by more than real GDP. C) proportionately with real GDP. D) by the same amount as does real GDP. E) by less than real GDP.

A citizen who acquires good information about the candidates before voting in a presidential election thereby

A) imposes spillover costs on all other registered voters. B) increases the probability others will also acquire information before voting. C) incurs a substantial cost; yet, his vote no discernible effect on the election. D) makes it much more likely a candidate will be elected who will promote that voter's interests. E) makes it much more likely a good candidate will be elected.