A decrease in taxes will cause
A) AD to increase (move to the right) .
B) AD to decrease (move to the left) .
C) AS to increase (move to down and to the right) .
D) AS to decrease (move to up and to the left) .
Correct Answer:
Verified
Q12: When domestic prices rise
A)people buy fewer imported
Q13: The rationale for interest rates determining AD
Q14: An increase in government spending will cause
A)AD
Q15: The aggregate demand curve is downward sloping
Q16: An increase in taxes will cause
A)AD to
Q18: The aggregate supply-aggregate demand diagram models
A)the behavior
Q19: An increase in interest rates will cause
A)AD
Q20: When domestic prices rise
A)the buying power of
Q21: An increase in regulation will cause
A)AD to
Q22: A decrease in regulation will cause
A)AD to
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