This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If taxes are increased, the AD curve A) is not affected because a change in taxes is a nominal ... (Read 124 times)

nmorano1

  • Hero Member
  • *****
  • Posts: 598
on: Jun 29, 2018
If taxes are increased, the AD curve
 
  A) is not affected because a change in taxes is a nominal change not real change.
  B) shifts rightward and aggregate demand decreases.
  C) shifts leftward and aggregate demand decreases.
  D) does not shift but there is a movement down along the curve.

Question 2

The figure above shows the demand for fruit snacks. Which movement reflects an increase in income if fruit snacks are an inferior good?
 
  A) from point a to point e
  B) from point a to point b
  C) from point a to point c
  D) from point a to point d


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

voltaire123

  • Sr. Member
  • ****
  • Posts: 301
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

C


nmorano1

  • Member
  • Posts: 598
Reply 2 on: Jun 29, 2018
:D TYSM

Hdosisshsbshs

  • Member
  • Posts: 315
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Did you know?

Chronic marijuana use can damage the white blood cells and reduce the immune system's ability to respond to disease by as much as 40%. Without a strong immune system, the body is vulnerable to all kinds of degenerative and infectious diseases.

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Titration Curve Titration Curve
Marx's Model of Historical Change Marx's Model of Historical Change
Flexible cooling fan blades change shape as the engine speed changes. Flexible cooling fan blades change shape as the engine speed changes.
Population Growth and Change Population Growth and Change
Ice cores as indicators of environmental change Ice cores as indicators of environmental change
4 ways your breasts change after pregnancy "4 تغيّرات تطرأ على ثدييكِ ... 4 ways your breasts change after pregnancy "4 تغيّرات تطرأ على ثدييكِ ...
Video: Genetic terms Animation

For a complete list of videos, visit our video library