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Author Question: When a demand curve shifts, both the equilibrium price and quantity traded will change in the same ... (Read 85 times)

corkyiscool3328

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on: Jun 30, 2018
When a demand curve shifts, both the equilibrium price and quantity traded will change in the same direction as a result.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Which of the following would be an example or result of expansionary fiscal policy in action?
 a. an increase in taxation
 b. a decrease in government purchases
  c. a budget deficit
 d. a budget surplus


KKcool

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Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

c


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