In an aggregate demand-aggregate supply framework, fiscal policy that emphasizes cutting taxes as a means of improving incentives to work, save, and invest would be characterized primarily as a:
A. Rightward shift of the aggregate demand curve
B. Leftward shift of the aggregate demand curve
C. Rightward shift of the long-run aggregate supply curve
D. Leftward shift of the long-run aggregate supply curve
C. Rightward shift of the long-run aggregate supply curve
Economics
You might also like to view...
Identify the economist who first addressed the environmental problem in terms of externalities.
A. Joseph Schumpeter B. Maynard Keynes C. A.C. Pigou D. J.B. Say
Economics
The purpose of the World Trade Organization (WTO) is to
A. Protect workers from foreign competition. B. Protect producers from foreign competition. C. Ensure that there are no losers as a result of free trade. D. Enforce the rules of free trade.
Economics