An decrease in taxes combined with a decrease in government purchases would:
a. increase AD
b. decrease AD.
c. leave AD unchanged.
d. have an indeterminate effect on AD.
d
Economics
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Which of the following was NOT a creation of the Bretton Woods conference?
A) World Bank B) IMF C) IBRD D) WTO E) None of the above.
Economics
Explain why (holding interest rates constant), a rise in the expected depreciation in a country's currency leads to depreciation of that currency today
What will be an ideal response?
Economics
The real interest rate is the interest rate corrected for inflation
a. True b. False Indicate whether the statement is true or false
Economics
Which of the following equations describes a trade surplus?
a. G < C b. X > M c. X > I d. C < M
Economics