Question
An increase in personal income taxes will cause a(n) Multiple Choice decrease (or shift left) in aggregate demand. increase (or shift right) in aggregate demand.
An increase in personal income taxes will cause a(n)
Multiple Choice
decrease (or shift left) in aggregate demand.
increase (or shift right) in aggregate demand.
decrease in the quantity of real output demanded (or movement up along AD).
increase in the quantity of real output demanded (or movement down along AD).
Is it b) or a)?
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A government may impose an income tax as a direct tax on the earnings of its people The central gove...
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Exploring Economics
Authors: Robert L Sexton
5th Edition
978-1439040249, 1439040249
