|
Title: Assume the federal government raises taxes (a contractionary fiscal policy). If the tax increase aff Post by: Loraine on Jun 22, 2015 Assume the federal government raises taxes (a contractionary fiscal policy). If the tax increase affects AS and AD equally, then real GDP will ________ and the price level will ________.
A) decrease; decrease B) increase; be unchanged C) increase; increase D) decrease; be unchanged E) increase; decrease Title: Re: Assume the federal government raises taxes (a contractionary fiscal policy). If the tax increase Post by: Sydnie on Jul 5, 2015 Content hidden
|