If taxes
A) increase, consumption increases, aggregate demand shifts right.
B) increase, consumption decreases, aggregate demand shifts left.
C) decrease, consumption increases, aggregate demand shifts left.
D) decrease, consumption decreases, aggregate demand shifts right.
Correct Answer:
Verified
Q54: Assuming no crowding-out,investment-accelerator,or multiplier effects,a $100 billion
Q66: As the MPC gets close to 1,the
Q67: The multiplier effect
A)and the crowding-out effect both
Q69: An increase in the MPC
A)increases the multiplier,so
Q149: Assuming multiplier but no crowding-out or investment-accelerator
Q155: If the MPC is 0,the multiplier is
A)0.
B)1.
C)infinite.
D)None
Q156: Assuming crowding-out but no multiplier or investment-accelerator
Q157: Suppose that the MPC is .60 and
Q257: Tax cuts
A)and increases in government expenditures shift
Q260: If the MPC is 0.80 and there
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents