The AD curve shifts to the right with an increase in taxes or a decrease in government purchases.
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Q10: A structural deficit refers to that part
Q11: The transmission lag is the period that
Q12: With a progressive income tax,as taxable income
Q13: When the government decides to increase income
Q14: The distinctive feature of a progressive tax
Q16: To identify whether fiscal policy is expansionary
Q17: A "flat tax" is another term for
Q18: Complete crowding out occurs when an increase
Q19: The Laffer curve shows the exclusively direct
Q20: The United States currently has a progressive
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