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Author Question: A lower domestic price level raises aggregate expenditures and, therefore, shifts the aggregate ... (Read 51 times)

sammy

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on: Jun 30, 2018
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.


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tuwy

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

False

Answer to Question 2

b


sammy

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Reply 2 on: Jun 30, 2018
Wow, this really help

ebonylittles

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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