Refer to Figure 4.2. A shift from D2 to D1 will result from which of the following?
A) an increase in expected future profits
B) an increase in net exports
C) an increase in corporate taxes
D) a decrease in tax credits for savings
C
Economics
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The function of money as a store of value diminishes if
A) money is no longer backed by gold. B) prices of goods and services increase. C) people begin to barter. D) interest rates increase.
Economics
The school of economic thought which argues that through tax reductions, and deregulation, government creates the proper incentives for the private sector to increase aggregate supply is known as the:
a. rational expectations school. b. neo-Keynesian school. c. supply-side school. d. new classical school. e. classical school.
Economics