Question #90517
8. The increase in business taxes would tend to:
A. increase aggregate demand and decrease aggregate supply
B. increase aggregate demand and increase aggregate supply
C. decrease aggregate demand and increase aggregate supply
D. decrease aggregate demand and decrease aggregate supply
1
Expert's answer
2019-06-05T09:44:37-0400

The increase in business taxes will increase costs of firms and prices of goods. As result - decrease aggregate demand and decrease aggregate supply.

Answer - d.


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