In the aggregate expenditures model, a tax increase causes a(n): ...

[Arii_bell]

In the aggregate expenditures model, a tax increase causes a(n):
 a. upward shift in the aggregate expenditures curve.
  b. downward shift in the aggregate expenditures curve.
  c. shift in the 45-degree line.
  d. rightward movement along the aggregate expenditures curve.
  e. leftward movement along the aggregate expenditures curve.

Question 2

The Federal Reserve System was created by act of Congress in 1931 in an effort to end a wave of bank failures brought on by the Great Depression.
 a. True
  b. False
  Indicate whether the statement is true or false

[tashiedavis420]

Answer to Question 1

b

Answer to Question 2

False

[Arii_bell]

Gracias!

[jojobee318]

Thanks for the timely response, appreciate it