An investment tax credit, which would lower taxes for firms that invested in new capital equipment, would shift the long-run aggregate supply curve to the right over time
a. True
b. False
Indicate whether the statement is true or false
True
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Changes in which one of the following will not shift the demand curve in the short run?
A. Expectations about future prices and income B. The price of the good itself C. Tastes and preferences D. Prices of related goods
An open market ________ by the Fed decreases the money supply, which leads to ________ interest rates and a fall in investment spending
A) sale; decreased B) sale; increased C) purchase; increased D) purchase; decreased
In bank regulation in the United States there is a strong emphasis on
A) maximizing depositor returns. B) limiting depositor returns. C) maximizing depositor risk. D) limiting depositor risk.
The American Civil War lasted from the spring of 1861 to the spring of 1865. During the war the Confederate government issued substantial amounts of fiat paper currency
What do you think happened to the price level (measured in Confederate dollars) in the Confederate states during the final months of the war?