Question and answer
Consider if the government instituted a 10 percent income tax surcharge. In terms of the AS/AD model, this change should have A. shifted the AD curve to the left B. shifted the AD curve to the
right C. made the AD curve flatter D. made the AD curve steeper
A. shifted the AD curve to the left
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Original conversation
User: Consider if the government instituted a 10 percent income tax surcharge. In terms of the AS/AD model, this change should have A. shifted the AD curve to the left B. shifted the AD curve to the right C. made the AD curve flatter D. made the AD curve steeper

Weegy: A. shifted the AD curve to the left
searcyina|Points 52|

User: If the depreciation of a country's currency increases its aggregate expenditures by 20, the AD curve will A. shift right by more than 20 B. shift right by less than 20 C. shift right by exactly 20 D. not shift at all

Weegy: shift right by more than 20
dandix14|Points 379|

User: Aggregate demand management policies are designed most directly to A. minimize unemployment B. minimize inflation C. control the aggregate level of spending in the economy D. prevent budget deficits or surpluses

Weegy: minimize unemployment
dandix14|Points 379|

User: Suppose that consumer spending is expected to decrease in the near future. If output is at potential output, which of the following policies is most appropriate according to the AS/AD model? A. An increase in government spending B. An increase in taxes C. A reduction in government spending D. No change in taxes or government spending

Weegy: A. An increase in government spending
Expert answered|Roy0624|Points 478|

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Asked 10/14/2012 7:21:23 PM
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Asked 10/14/2012 7:13:24 PM
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