Fiscal policy can shift:
A) aggregate demand only.
B) both aggregate demand and potential output.
C) both aggregate demand and short-run aggregate supply, but not long-run aggregate supply.
D) only short-run functions.
Correct Answer:
Verified
Q50: Suppose last year Moe faced a 25%
Q51: A tax cut that affects both aggregate
Q52: An increase in marginal tax rates:
A)increases a
Q53: Lower taxes on interest income:
A)permanently lower growth
Q54: Someone who is not strongly committed to
Q56: Total taxes paid divided by total before-tax
Q57: A tax increase that affects both aggregate
Q58: Fiscal policy includes:
A)tax policy only.
B)government expenditures only.
C)tax
Q59: An inflation hawk is someone who:
A)puts equal
Q60: Someone who is committed to maintaining low
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