Give me graph that how demands and supple should move? Give me ● answer for each variants. It would be better to show me graphs that how they should be? a. The president signs a tax cut into law. Incorrect b. An engineering advance induces many firms to upgrade their computer systems. Incorrect c. Congress repeals an investment tax credit and uses the revenue to reduce other taxes. Incorrect d. A flu pandemic induces consumers to stay at home rather than go shopping. Incorrect
Give me graph that how demands and supple should move? Give me ● answer for each variants. It would be better to show me graphs that how they should be? a. The president signs a tax cut into law. Incorrect b. An engineering advance induces many firms to upgrade their computer systems. Incorrect c. Congress repeals an investment tax credit and uses the revenue to reduce other taxes. Incorrect d. A flu pandemic induces consumers to stay at home rather than go shopping. Incorrect
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:d. A flu pandemic induces consumers to stay at home rather
than go shopping.
Interest rate
Incorrect
10
9
8
7
6
5
4
3
2
1
0
0
100 200 300 400 500 600
Loanable funds
700
D
800
S
900 1,000

Transcribed Image Text:Give me graph that how demands
and supple should move? Give me
answer for each variants. It would be
better to show me graphs that how
they should be? a. The president
signs a tax cut into law. Incorrect b.
An engineering advance induces
many firms to upgrade their computer
systems. Incorrect c. Congress repeals
an investment tax credit and uses the
revenue to reduce other taxes.
Incorrect d. A flu pandemic induces
consumers to stay at home rather than
go shopping. Incorrect
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VIEWStep 2: a. Determine the effect of tax cut on demand and supply.
VIEWStep 3: b. Determine the effect of firm upgradation
VIEWStep 4: c. Determine the effect of Congress repealing investment tax credit
VIEWStep 5: d. Determine the effect due to flu pandemic forcing consumers to stay at home
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