Author Question: An increase in aggregate demand normally does not cause inflation. a. True b. False Indicate ... (Read 74 times)

APUS57 · **on:** Jun 30, 2018

An increase in aggregate demand normally does not cause inflation.
a. True
b. False
Indicate whether the statement is true or false

Question 2

There are some well-respected economists that believe we should substitute a national sales tax for the income tax. Other equally well-respected economists do not agree. What accounts for the difference in opinion?
a. It might be over their interpretation of fairness.
b. It might be over different modeling.
c. Both (a) and (b).
d. None of the above.