Author Question: A policy of a tax cut combined with increases in government purchases would shift the aggregate ... (Read 73 times)

Capo · **on:** Jun 30, 2018

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