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Consumption would decrease, and the aggregate demand curve would shift to the a. right if taxes decreased. b. left if taxes decreased. c. right if
Consumption would decrease, and the aggregate demand curve would shift to the
a. | right if taxes decreased. | |
b. | left if taxes decreased. | |
c. | right if taxes increased. | |
d. | left if taxes increased. |
Assume we have an economy currently in a recession with a flexible exchange rate system. In order to expand the economy, the central bank should
a. | impose trade restrictions. | |
b. | try dollarization. | |
c. | use expansionary fiscal policy. | |
d. | use expansionary monetary policy. |
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