A tax cut shifts the _____ curve to the right, and the aggregate demand curve _____.
A) IS; shifts to the right
B) IS; does not shift
C) LM; shifts to the right
D) LM; does not shift
Correct Answer:
Verified
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Q34: Exhibit: Short Run to Long Run
Q35: Exhibit: Short Run to Long Run
Q37: Exhibit: IS-LM to Aggregate Demand
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Q100: The LM curve is steeper the _
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