A cut in income tax rates tends to _ aggregate demand and _ aggregate supply. a. increase;

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A cut in income tax rates tends to _________ aggregate demand and _________ aggregate supply.

a. increase; increase

b. increase; decrease

c. decrease; increase

d. decrease; decrease

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Brief Principles Of Macroeconomics

ISBN: 9780357133507

9th Edition

Authors: N. Gregory Mankiw

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Question Posted: Feb 28, 2024 04:01 AM

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A cut in income tax rates tends to _________ aggregate demand and _________ aggregate supply. a. increase;

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Brief Principles Of Macroeconomics

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A cut in income tax rates tends to _ aggregate demand and _ aggregate supply. a. increase;