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Author Question: A policy of a tax cut combined with increases in government purchases would shift the aggregate ... (Read 32 times)

Capo

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A policy of a tax cut combined with increases in government purchases would shift the aggregate demand curve to the left.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Commercial banks act as middlemen between savers and borrowers, therefore they are called _____.
 a. lenders of the last resort
  b. financial intermediaries
  c. banker's banks
  d. thrift institutions
  e. profitable institutions



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atrochim

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Answer to Question 1

False

Answer to Question 2

b




Capo

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  • Posts: 545
Reply 2 on: Jun 30, 2018
Excellent


dreamfighter72

  • Member
  • Posts: 355
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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