Using the aggregate supply - aggregate demand model, the tax cuts of 2001 and 2003 that came in the form of tax rebate checks would cause
A) aggregate demand to shift to the right.
B) aggregate supply to shift to the right.
C) aggregate demand to shift to the left.
D) aggregate supply to shift to the left.
Correct Answer:
Verified
Q2: Which of the following would qualify as
Q3: The purpose of fiscal policy is to
A)alter
Q4: The tax cuts of 2001 and 2003
Q5: Discretionary Fiscal Policy differs from Nondiscretionary Fiscal
Q6: Nondiscretionary Fiscal Policy works by having
A)progressive income
Q7: The tax cuts of 2001 and 2003
Q8: Fiscal Policy is controlled by
A)the Federal Reserve
Q9: If you were to use an Aggregate
Q10: An example of discretionary fiscal policy would
Q11: An example of discretionary fiscal policy would
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