Author Question: In the aggregate expenditures model, a tax cut causes a(n): a. upward shift in the aggregate ... (Read 65 times)

joblessjake · **on:** Jun 30, 2018

In the aggregate expenditures model, a tax cut 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 Deposit Insurance Corporation:
a. has eliminated bank failures.
b. insures all demand deposits without limit.
c. insures all demand deposits up to 100,000.
d. insures all demand deposits up to 10,000.
e. insures all savings and loan deposits up to 100,000.