When
taxes increase, consumption ()
A: decreases
as shown by a movement to the left along a given aggregate demand
curve.
B: decreases
as shown by shifting aggregate demand to the left.
C: increases
as shown by shifting aggregate supply the left.
D: None
of the above is correct.
taxes increase, consumption ()
A: decreases
as shown by a movement to the left along a given aggregate demand
curve.
B: decreases
as shown by shifting aggregate demand to the left.
C: increases
as shown by shifting aggregate supply the left.
D: None
of the above is correct.
举一反三
- 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
- Rising oil prices in the U.S. during the 1970s caused the economy’s ( ) A: aggregate supply curve to shift to the right. B: aggregate supply curve to shift to the left. C: aggregate demand curve to become vertical. D: aggregate demand curve to become horizontal.
- Higher<br/>government deficits ________ the supply of bonds and shift the supply<br/>curve to the <br/>________,<br/>everything else held constant. A: increase; left B: increase; right C: decrease; left D: decrease; right
- When<br/>the mandible moves to the left () A: the<br/>left condyle slides, and the right condyle rotates B: the<br/>left condyle slides, and the right condyle slides C: the<br/>left condyle rotates, and the right condyle rotates D: the<br/>left condyle rotates, and the right condyle slides E: None<br/>of the above is correct
- An increase in price causes an increase in total revenue when: () A: demand<br/>is elastic. B: demand<br/>is inelastic. C: demand<br/>is unit elastic. D: All<br/>of the above are possible.