The demand curve for a luxury good is upward sloping
Indicate whether the statement is true or false
FALSE
Economics
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In the above figure, the economy is at point A when changes occur. If the new equilibrium has a price level of 100 and real GDP of $17.0 trillion, then it must be the case that
A) aggregate demand has decreased. B) aggregate supply has decreased. C) aggregate demand has increased. D) aggregate supply has increased.
Economics
Discuss the factors that determine the ultimate burden of the corporate tax
What will be an ideal response?
Economics