A decrease in business taxes, causes the expected profitability of investment projects to __________, which then shifts the AD curve to the __________
A) rise; right
B) rise; left
C) decline; right
D) decline; left
A
Economics
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U.S. per capita GDP is roughly how much larger than the world average?
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What is the relationship between financial market development and economic growth?
What will be an ideal response?
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Which of the following is NOT true for a perfectly competitive firm?
A. P = MR B. P = AR C. MR = TR D. AR = MR
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The unemployment rate that occurs in a normal functioning economy is often referred to as
A. cyclical unemployment. B. labor force unemployment. C. the natural rate of unemployment. D. seasonal unemployment.
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