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Author Question: If an increase in net taxes in the United States resulted in a very large decrease in aggregate ... (Read 32 times)

PhilipSeeMore

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on: Apr 19, 2019

Question 1

Which of the following would shift the aggregate demand curve to the left?


◦ an increase in the money supply
◦ an increase in government spending
◦ an increase in taxes
◦ an increase in exports

Question 2

If an increase in net taxes in the United States resulted in a very large decrease in aggregate output and a very small decrease in the price level, then the U.S. economy must have been


◦ on the very steep part of the short-run aggregate supply curve.
◦ on the very flat part of the short-run aggregate supply curve.
◦ on the very steep part of the short-run aggregate demand curve.
◦ on the very flat part of the short-run aggregate demand curve.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by PhilipSeeMore on Apr 19, 2019

nickk12214

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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PhilipSeeMore

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Reply 2 on: Apr 19, 2019
YES! Correct, THANKS for helping me on my review

xiazhe

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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