Lower taxes on businesses will shift the aggregate:
a. demand curve rightward.
b. demand curve leftward.
c. supply curve rightward.
d. supply curve leftward.
c
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Along with changes in the level of economic activity, measured by GDP, what other economic variable tends to rise and fall as a consequence?
A. Precipitation B. Regulation C. Circulation D. Unemployment
A two-part tariff refers to a pricing schedule under which a buyer must pay a fixed fee for the right to purchase the product, in addition to a per-unit price
Indicate whether the statement is true or false
If those who consumed common resources were subject to a tax that was equal to the external costs that they imposed due to the negative externality created, their demand curve would shift:
A. up and they would consume more. B. down and they would consume less. C. down and they would consume more. D. up and they would consume less.
In the above figure, the opportunity cost of moving from point D to point C is
A. 55 guitars. B. 25 ukuleles. C. 20 guitars. D. 50 ukuleles.