Expansionary fiscal policy leads to a ________
A) leftward shift of the labor supply curve B) rightward shift of the labor demand curve
C) leftward shift of the labor demand curve D) rightward shift of the labor supply curve
B
Economics
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A chief reason firms give employees bonuses based on the firm's profit is to cope with
A) the tax laws. B) the law of diminishing returns. C) the principal-agent problem. D) unions.
Economics
The phenomenon that interest rates may be so low that increases in the money supply will have no impact on aggregate demand is called:
a) the horizontality of demand. b) the liquidity trap. c) the sterilization of money. d) monetary incapacitation.
Economics