Aggregate demand shifts right if at a given price level a. taxes rise and shifts left if the money supply increases. b. taxes rise and shifts right if the money supply increases. c. taxes fall and shifts left if the money supply increases. d. taxes fall and shifts right if the money supply increases.
Aggregate demand shifts right if at a given price level a. taxes rise and shifts left if the money supply increases. b. taxes rise and shifts right if the money supply increases. c. taxes fall and shifts left if the money supply increases. d. taxes fall and shifts right if the money supply increases.
Essentials of Economics (MindTap Course List)
8th Edition
ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter24: The Influence Of Monetary And Fiscal Policy On Aggregate Demand
Section: Chapter Questions
Problem 2CQQ
Related questions
Question
Aggregate demand shifts right if at a given price level
a. |
taxes rise and shifts left if the money supply increases.
|
|
b. |
taxes rise and shifts right if the money supply increases.
|
|
c. |
taxes fall and shifts left if the money supply increases.
|
|
d. |
taxes fall and shifts right if the money supply increases.
|
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