How does a change in autonomous net taxes affect the equilibrium quantity of GDP demanded?
A) in the same way as a change in autonomous government purchases would affect equilibrium quantity of GDP demanded
B) in the same way as a change in autonomous planned investment would affect equilibrium quantity of GDP demanded
C) in the same way as a change in autonomous net exports would affect equilibrium quantity of GDP demanded
D) only indirectly, by first changing the level of disposable income
Correct Answer:
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Q38: How do transfer payments and taxes affect
Q39: Exhibit 11-2 Q40: Suppose a research lab fired a chemist, Q41: Suppose a $100 autonomous net tax is Q42: Suppose transfer payments and autonomous taxes both Q44: How is aggregate expenditure affected when net Q45: Suppose autonomous taxes and transfer payments each Q46: Which of the following will NOT increase Q47: Suppose autonomous net taxes increase by $200 Q48: How does a decrease in autonomous net
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