A tax cut or government spending increase intended to shift aggregate demand to the right is known as:
A) Aggregate demand excess.
B) The GDP gap.
C) Fiscal stimulus.
D) Fiscal restraint.
Correct Answer:
Verified
Q21: The marginal propensity to consume is
A)Total consumption
Q51: If an economy has a GDP gap,such
Q53: The Tax Equity and Fiscal Responsibility Act
Q54: If consumers spend 98 cents out of
Q55: Fiscal stimulus is:
A) An increase or decrease
Q57: If consumers spend 79 cents out of
Q58: Which of the following is a fiscal
Q59: If the value of the dollar plummets
Q60: Which of the following is the correct
Q61: Ceteris paribus,based on the circular flow model,a
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents