1. An increase in taxes (T) will shift the ____ curve and cause equilibrium output to ____.
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2. When the Federal Reserve pursues expansionary monetary policy, this will shift the ____ curve and cause equilibrium output to ____.
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3. Suppose consumers are feeling wealthier. This can be expected to ___ the interest rate and ___ equilibrium output.
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4. Suppose consumers expect inflation to increase. This will shift the ____ curve and cause equilibrium output to _____.
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