As a possible approach to eliminating the government budget deficit, increasing taxes for everyone would
A) mean only a small increase in taxes.
B) transfer more goods and services to the government sector.
C) lead to a large increase in taxes for every worker.
D) lead to an inflationary ga
C
Economics
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Which of the following is not a component of aggregate demand?
a. Investment expenditures b. Government expenditures c. Net exports d. All of the above are components of aggregate demand.
Economics
If the minimum wage law is repealed and employers begin using efficiency wages far less frequently, it would ___ unemployment and ____ the natural rate of unemployment: a. Increase; increase
b. Increase; not change. c. Decrease; decrease. d. Decrease; not change.
Economics