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Using the Aggregate Supply - Aggregate Demand Model, the Tax

Question 24

Multiple Choice

Using the aggregate supply - aggregate demand model, the tax cuts of 2001 and 2003 that came in the form of tax rebate checks would cause


A) aggregate demand to shift to the right.
B) aggregate supply to shift to the right.
C) aggregate demand to shift to the left.
D) aggregate supply to shift to the left.

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