Author Question: All of the following will shift the AD curve to the right except a(n): a. increase in consumer ... (Read 43 times)

kamilo84

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All of the following will shift the AD curve to the right except a(n):
 
  a. increase in consumer confidence.
  b. decrease in taxes.
  c. increase in government spending.
  d. increase in the MPC.
  e. increase in transfer payments.

Question 2

During World War I (191418), national debt soared, leading to
 
  (a) money creation and inflation.
  (b) money creation and deflation.
  (c) money destruction and inflation.
  (d) money destruction and deflation.



14vl19

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Answer to Question 1

E

Answer to Question 2

(a)



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