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In the short-run, a tax increase Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer.

In the short-run, a tax increase Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer.

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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In the short-run, a tax increase Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a shifts the DD curve to the left, decreases output and depreciates the currency b shifts the DD curve to the right, increases output and appreciates the currency c shifts the AA curve to the left, increases output and depreciates the currency d shifts the AA curve to the left, increases output and appreciates the currency e shifts the AA curve to the left, decreases output and depreciates the currency
Transcribed Image Text:In the short-run, a tax increase Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a shifts the DD curve to the left, decreases output and depreciates the currency b shifts the DD curve to the right, increases output and appreciates the currency c shifts the AA curve to the left, increases output and depreciates the currency d shifts the AA curve to the left, increases output and appreciates the currency e shifts the AA curve to the left, decreases output and depreciates the currency
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