During an inflation Republicans would be most in favor of: O spending cuts. O tax increases. tax cuts. . O spending incr
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During an inflation Republicans would be most in favor of: O spending cuts. O tax increases. tax cuts. . O spending incr
The “crowding-out effect" suggests that: government spending is increasing at the expense of private investment. consumption is increasing at the expense of investment. O private investment is increasing at the expense of government spending O imports are replacing domestic production.
As potential real GDP is approached, the aggregate supply curve: o becomes steeper. is downward sloping. becomes flatter. O remains unchanged.
The curve showing various quantities of total real output that will be offered for sale at various alternative price levels is called the: aggregate supply curve. aggregate individual demand curve. O yield curve. O real gross domestic investment curve. aggregate demand curve.