Multiple Choice
Figure 5.3
-Refer to Figure 5.3.All else equal,a decrease in the desire of households to consume today accompanied by an increase in corporate taxes would cause which of the following shifts?
A) S₁ to S₂ and D₁ to D₂
B) S₂ to S₁ and D₁ to D₂
C) S₁ to S₂ and D₂ to D₁
D) S₂ to S₁ and D₂ to D₁
Correct Answer:
Verified
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