The use of increased taxation to, ceteris paribus, reduce the level of a country's internal debt must reduce its aggregate demand
Indicate whether the statement is true or false
F
You might also like to view...
A firm that generates zero economic profit usually faces
A) negative business profit. B) zero business profit. C) positive business profit. D) business profit equal to half the total revenue.
If the government enacts contractionary fiscal policy, it is most likely at which of the following equilibria in the graph shown?
A. A
B. B
C. C
D. D
According to the hybrid, or consensus, view of aggregate supply, the chance for an aggregate demand increase to cause inflation accelerates as
A. Unemployment increases. B. The economy moves away from full employment. C. The economy moves toward capacity. D. The slope of aggregate supply becomes flatter.
One way for a business to increase productivity is to increase its
A. imports. B. environmental concern. C. prices. D. research and development.