Question: QUESTION 7 The less responsive is AS to a rise in AD, the more prices will rise for a given increase in AD. O True

QUESTION 7 The less responsive is AS to a rise in AD, the more prices will rise for a given increase in AD. O True O False QUESTION 8 An increase in the income tax on consumers will shift both the aggregate demand and the aggregate supply curves to the left. O True O False QUESTION 9 An improvement in productivity will shift both the aggregate demand and supply curves to the right. O True O False

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