When taxes increase, consumption
A: increases, so aggregate demand shifts right
B: increases, so aggregate supply shifts right
C: decreases, so aggregate demand shifts left
D: decreases, so aggregate supply shifts left
A: increases, so aggregate demand shifts right
B: increases, so aggregate supply shifts right
C: decreases, so aggregate demand shifts left
D: decreases, so aggregate supply shifts left
举一反三
- When<br/>taxes increase, consumption () A: decreases<br/>as shown by a movement to the left along a given aggregate demand<br/>curve. B: decreases<br/>as shown by shifting aggregate demand to the left. C: increases<br/>as shown by shifting aggregate supply the left. D: None<br/>of the above is correct.
- Because the productivity of labor decreases as the quantity of labor employed increases, A: the quantity of labor a firm demands increases as the real wage rate decreases. B: the quantity of labor a firm demands increases as the money wage rate decreases. C: the labor demand curve shifts right as the real wage rate decreases. D: the aggregate production function shifts upward as the real wage rate decreases.
- A fall in the price level shifts the aggregate expenditure curve upward and increases the quantity of real GDP demanded.
- Which of the following is NOT a result of a temporary fall in foreign demand on one country's exports under floating exchange rate? ( ) A: The AA curve shifts downwards due to reduction of money supply. B: A fall in aggregate output C: A fall in the home interest rate D: The DD curve shifts to the left due to reduction of aggregate demand.
- When aggregate demand increases faster than aggregate supply, prices go up. What is this an example of? A: Demand-pull inflation B: Cost-push inflation C: Per-worker productivity D: Deflation