Permanent tax changes have a _____ effect on aggregate demand compared to temporary tax changes
Fill in the blank(s) with correct word
larger
Economics
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An economic ________ refers to either an upturn or a downturn in the economy
A) fluctuation B) stagnation C) model D) chain index
Economics
The Coase Theorem states that externalities can always be eliminated by the market as long as property rights exist, the number of parties involved is small, and transactions costs are low
Indicate whether the statement is true or false
Economics
When indirect business taxes are subtracted from GDP we get net national product of a nation
a. True b. False Indicate whether the statement is true or false
Economics
Give an example not in the text of how quantity can become indeterminate.
What will be an ideal response?
Economics