The AD curve shifts rightward if taxes decrease
a. True
b. False
A
Economics
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Controversies between Keynesian, monetarist, and supply-side theories focus on the
A. Usefulness of aggregate demand and supply to analyze adjustment of the macro equilibrium. B. Existence or nonexistence of the aggregate supply curve. C. Importance of international balances to the economy. D. Shape and sensitivity of aggregate demand and aggregate supply curves.
Economics
"Profits are a reward for risk-bearing" would be a view held by
A. Joseph Schumpeter. B. Frank Knight. C. Henry George. D. Karl Marx.
Economics