This topic contains a solution. Click here to go to the answer

Author Question: When net taxes increase and government purchases decrease, _____. a. the price level will rise b. ... (Read 86 times)

Hungry!

  • Hero Member
  • *****
  • Posts: 1,071
When net taxes increase and government purchases decrease, _____.
 a. the price level will rise
 b. money supply must rise
 c. the aggregate demand curve shifts leftward
  d. output and employment increase
 e. the aggregate supply curve shifts leftward

Question 2

If a firm increases output and its average total cost rises, then the firm is experiencing economies of scale.
 a. True
  b. False
  Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

missalyssa26

  • Sr. Member
  • ****
  • Posts: 327
Answer to Question 1

c

Answer to Question 2

False





 

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

Did you know?

Your heart beats over 36 million times a year.

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

For a complete list of videos, visit our video library