Question: esponse Clear se If consumption is a direct function of disposable income, what would be t result of an increase in personal taxes? O a
esponse Clear se If consumption is a direct function of disposable income, what would be t result of an increase in personal taxes? O a decrease in net exports an increase in consumption but not in aggregate demand O a decrease in both consumption and aggregate demand O a decrease in consumption but not in aggregate demand What is the effect of a decrease in input prices on the short-run aggregate supply curve? It shifts leftward, which means the quantity supplied at any price level increases. It shifts leftward, which means the quantity supplied at any price level declines. It shifts rightward, which means the quantity supplied at any price level declines. It shifts rightward, which means the quantity supplied at any price level increases. O hp
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