Author Question: Both Keynesians and real business cycle proponents believe that tax cuts increase output a. and ... (Read 72 times)

laurencescou · **on:** Jun 30, 2018

Both Keynesians and real business cycle proponents believe that tax cuts increase output

a. and both agree it does this through increasing aggregate demand.
b. but Keynesians believe it does this through increasing aggregate demand and not aggregate supply.
c. but Keynesians believe it does this through increasing aggregate supply and not aggregate demand.
d. and both agree it does this through increasing aggregate supply.

Question 2

Couples marrying at younger ages in colonial America than in Europe contributed to the relatively higher birth rates.

Indicate whether the statement is true or false