A lower domestic price level raises aggregate expenditures and, ...

[sammy]

A lower domestic price level raises aggregate expenditures and, therefore, shifts the aggregate demand curve to the right.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

A microeconomist would most likely study the effect of a reduction in income tax rates on:
 a. total output in the economy.
 b. the output of the steel industry.
  c. inflation.
 d. unemployment.

[tuwy]

Answer to Question 1

False

Answer to Question 2

b

[sammy]

Excellent

[kishoreddi]

Thanks for the timely response, appreciate it