The aggregate demand curve will shift to the right
A) When the government raises taxes
B) If investors reduce their purchases of plant and equipment
C) If consumer confidence increases
D) If prices fall
E) None of the above
Correct Answer:
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Q41: A trade deficit will occur in an
Q42: Investment spending is sensitive to
A)Interest rates
B)Expectations by
Q43: The Phillips curve depicts the relationship between
A)Output
Q44: Injections in the circular flow consist of
A)Savings,exports,and
Q45: To expand the level of economic activity,it
Q47: The Following Questions Refer to the graph
Q48: Leakages in the circular flow consist of
A)Savings,taxes,and
Q49: Aggregate supply can be increased by
A)Reduced incentives
Q50: The marginal propensity to consume is
A)Consumption divided
Q51: The psychological law of consumption tells us
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