Question
During recessions, what do taxes tend to do, and to what effect? a.They rise and so shift aggregate demand right. b.They rise and so shift
During recessions, what do taxes tend to do, and to what effect?
a.They rise and so shift aggregate demand right.
b.They rise and so shift aggregate demand left.
c.They fall and so shift aggregate demand right.
d.They fall and so shift aggregate demand left.
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Macroeconomics Principles Applications And Tools
Authors: Arthur O Sullivan, Steven M. Sheffrin, Stephen J. Perez
7th Edition
978-0134089034, 9780134062754, 134089030, 134062752, 978-0132555234
