Refer to diagram 2. The effect of deregulation should result in 
A) A shift to the right of the aggregate demand curve.
B) A shift to the left of the aggregate demand curve.
C) A shift to the right of the aggregate supply curve.
D) A shift to the left of the aggregate supply curve.
Correct Answer:
Verified
Q34: An example of deregulation is:
A) Allowing different
Q35: Which is illegal?
A) Tax avoidance.
B) Tax evasion.
C)
Q36: Raising thresholds at which people pay tax
Q37: Which is not an example of a
Q38: Refer to diagram 2. All other things
Q40: Higher tax rates:
A) Reduce the opportunity cost
Q41: Use a diagram to show how an
Q42: What is the Laffer curve and how
Q43: What is the output gap and why
Q44: Reducing government spending leads to:
A) A reduction
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