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An increase in personal income taxes would shift the aggregate demand curve to the:
 
A. Right because consumption will increase
B. Left because consumption will decrease
C. Right because government expenditures will increase
D. Left because government expenditures  will decrease

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Ronaldo Mendoza
Ronaldo MendozaLv10
3 Oct 2020

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Related questions

An increase in government purchases will increase aggregate demand because

A. Government expenditures are a component of aggregate demand.

B. Consumption expenditures are a component of aggregate demand.

C. The decline in the price level will increase demand.

D. The decline in the interest rate will increase demand.

An increase in the price level in the aggregate expenditures model would

1. decrease aggregate expenditures and shift the AD curve to the left.
2. increase aggregate expenditures and shift the AD curve to the right.
3. decrease aggregate expenditures but would not shift the AD curve.
4. increase aggregate expenditures but would not shift the AD curve.

During a recession, if a government uses an expansionary fiscal policy to increase gdp, the:

A. aggregate supply curve will shift to the right

B. aggregate demand curve will shift to the right

C. aggregate supply curve will shift to the left

D. aggregate demand curve will shift to the left

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