An Increase in Government Expenditure Shifts the AD Curve_________ and an Increase

question 21

Multiple Choice

An increase in government expenditure shifts the AD curve_________ and an increase in taxes shifts the AD curve_________ .

• A) rightward; rightward
• B) leftward; rightward
• C) leftward; leftward
• D) rightward; leftward

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Definitions:

Directors

Individuals elected by shareholders to oversee the management and make strategic decisions for a corporation.

Model Business Corporation Act (MBCA)

A set of model laws prepared by the American Bar Association to provide a standard for the incorporation and operation of corporations in the United States.

Joint Ventures

Business agreements between two or more entities to undertake a specific project or business activity together.

Retains

From a legal perspective, it refers to keeping possession or continuing to have an attribute, quality, or condition.