A cut in taxes, combined with an increase in government purchases, would:
a. increase AD
b. decrease AD.
c. leave AD unchanged.
d. have an indeterminate effect on AD.
a
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Members of which European Union institution are popularly elected?
What will be an ideal response?
The current deficit is
A) the deficit minus government investment. B) the deficit plus net interest payments. C) the deficit minus current expenditures. D) the deficit minus depreciation.
Venture capitalists share in the risks and rewards by financing new ventures.
Answer the following statement true (T) or false (F)
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