Answer Happy

QUESTIONS A significant example of a temporary tax cut was the one announced in 1992 by President George H. W. Bush. The effect of that tax cut on consumer spending and aggregate demand was O a zero Oblikely smaller than if the cut had been permanent Oc likely about the same as if the cut had been permanent. d.likely larger than if the cut had been permanent. QUESTION 6 Changes in the interest rate help explain a only the slope of, not shifts of aggregate demand. Ob.only shifts of, not the slope of aggregate demand. O c. both the slope of and shifts of aggregate demand. Od neither the slope nor shifts of aggregate demand, QUESTION 7 Which of the following sequences best explains the negative slope of the aggregate-demand curve? O a. price level - demand for money . equilibrium interest rate = quantity of goods and services demanded 1 Ob.price level 1 demand for money equilibrium interest rate 1 → quantity of goods and services demanded! c. price level 1 demand for money 1 equilibrium interest rate quantity of goods and services demanded! Od price level equilibrium interest rate demand for money f quantity of goods and services demanded t