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Author Question: An increase in taxes will increase total planned expenditures for goods and services. Indicate ... (Read 102 times)

ahriuashd

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An increase in taxes will increase total planned expenditures for goods and services.
 
  Indicate whether the statement is true or false

Question 2

Assuming the price level has not changed, how would an increase in the aggregate demand affect real GDP?
 
  A) It only changes with changes in exports. B) It increases.
  C) It only changes with changes in imports. D) It decreases.


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at

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ahriuashd

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


nyrave

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

 

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