which of the following is correct about the effects of tax Select one: a. Taxes affect the IS curve, as well as LM curve b. They reduce disposable income, so that there is less consumption at every level of Y c. An increase in the Tax is called a fiscal expansion d. An increase in taxes shifts the IS curve to the right

ENGR.ECONOMIC ANALYSIS
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which of the following is correct about the effects of tax
Select one:
a. Taxes affect the IS curve, as well as LM curve
b. They reduce disposable income, so that there is less consumption at every level of Y
c. An increase in the Tax is called a fiscal expansion
d. An increase in taxes shifts the IS curve to the right
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