A tax cut shifts aggregate demand A. by less than the tax cut. B. by the same amount as the tax cut. C. None of the options are correct. D. by more than the amount of the tax cut.
A tax cut shifts aggregate demand A. by less than the tax cut. B. by the same amount as the tax cut. C. None of the options are correct. D. by more than the amount of the tax cut.
Chapter24: Fiscal Policy
Section: Chapter Questions
Problem 9P
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Someone answer this question ASAP without explanantion
A tax cut shifts aggregate demand
- A. by less than the tax cut.
- B. by the same amount as the tax cut.
- C. None of the options are correct.
- D. by more than the amount of the tax cut.
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