Suppose a tax cut affected aggregate demand and aggregate supply.The shift in aggregate supply would make the
A) price level and real GDP change by more than otherwise.
B) price level change by more than otherwise and real GDP change by less than otherwise.
C) price level change by less than otherwise and real GDP change by more than otherwise.
D) price level and real GDP change by more than otherwise
Correct Answer:
Verified
Q2: Which of the following would those in
Q3: Which of the following can tax cuts
Q4: According to traditional Keynesian analysis,if the economy
Q5: An increase in the money supply
A)reduces interest
Q6: Which of the following is correct?
A)Well designed
Q7: Which of the following is not a
Q8: Suppose a tax cut affects aggregate demand
Q9: In which cases were tax cuts followed
Q10: Stimulus spending in 2009 was used for
A)building
Q11: Which of the following can tax cuts
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