Suppose that a presidential candidate who promised large personal income tax cuts is elected. Which outcome is MOST likely? Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a a decrease in short-run aggregate supply b C d a decrease in aggregate demand an increase in short-run aggregate supply an increase in aggregate demand
Suppose that a presidential candidate who promised large personal income tax cuts is elected. Which outcome is MOST likely? Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a a decrease in short-run aggregate supply b C d a decrease in aggregate demand an increase in short-run aggregate supply an increase in aggregate demand
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Give typing answer with explanation and conclusion
![Suppose that a presidential candidate who
promised large personal income tax cuts is
elected. Which outcome is MOST likely?
Select an answer and submit. For keyboard navigation, use
the up/down arrow keys to select an answer.
a
b
Q14
C
d
a decrease in short-run aggregate supply
a decrease in aggregate demand
an increase in short-run aggregate supply
an increase in aggregate demand
Unanswered
Save](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F4243e869-f885-468e-97a2-1045f4e61e72%2Fd2fa21c8-b08c-48ed-8e48-e09862ea89f1%2Fxa2bxct_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Suppose that a presidential candidate who
promised large personal income tax cuts is
elected. Which outcome is MOST likely?
Select an answer and submit. For keyboard navigation, use
the up/down arrow keys to select an answer.
a
b
Q14
C
d
a decrease in short-run aggregate supply
a decrease in aggregate demand
an increase in short-run aggregate supply
an increase in aggregate demand
Unanswered
Save
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