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Author Question: When net taxes increase and government purchases decrease, _____. a. the price level will rise b. ... (Read 73 times)

Hungry!

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on: Jun 30, 2018
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


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missalyssa26

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

c

Answer to Question 2

False


Hungry!

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Reply #2 on: Jun 30, 2018
Thank you :)


missalyssa26

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Reply #3 on: Jun 30, 2018
Happy to help you


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