If the government increases the income tax rate _______, shifting aggregate demand to the _______.
A) consumption will decrease; left
B) net exports will increase; right
C) investment will increase; right
D) government spending will increase; right
Correct Answer:
Verified
Q1: If the government wished to shift aggregate
Q2: Disposable income is:
A) total income minus taxes.
B)
Q3: Which of the following is not an
Q5: Expansionary fiscal policy refers to decisions about
Q6: If the government were to decrease spending,
Q7: If the government increases the income tax
Q8: If congressional policymakers aim to increase aggregate
Q9: If the government decreases the income tax
Q10: The government can enact expansionary fiscal policy
Q11: Fiscal policy most directly affects the economy
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