The first year of the Bush administration in 2001 could be represented as a(n)
a. increase in the aggregate demand curve.
b. decrease in the aggregate demand curve.
c. increase in the aggregate supply curve.
d. decrease in the aggregate supply curve.
b
Economics
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What will be an ideal response?
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Indicate whether the statement is true or false
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Fiscal policy is used mainly to ______ the economy.
a. stabilize b. regulate c. analyze d. track
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Which is NOT a determinant of the elasticity of demand?
A. The proportion of income consumers spend on the good B. The number of sellers C. The availability of substitutes D. Time
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