If potential GDP increases, then the
A) real wage rate increases.
B) real wage rate falls.
C) aggregate supply curve shifts leftward.
D) aggregate demand curve shifts rightward.
E) aggregate supply curve shifts rightward.
Question 2
In the United States, the temporary tax surcharge of 1968
A) actually increased consumer spending.
B) decreased consumer spending by more than was originally estimated.
C) had no impact on consumer spending.
D) decreased consumer spending by less than was originally estimated.
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