A Decrease in Government Expenditure Shifts the AD Curve ________

question 12

Multiple Choice

A decrease in government expenditure shifts the AD curve ________ and a decrease in taxes shifts the AD curve ________.

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

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Definitions:

United States

A country located primarily in North America, comprised of 50 states, known for its significant influence on global culture, politics, and economy.

Diverse Workforce

A workforce comprised of individuals from a wide range of backgrounds, cultures, genders, ages, and abilities.

Benefits Programs

A range of programs provided by employers to offer various non-wage compensations to employees, like health insurance, retirement benefits, and more.

Early Retirement Package

A financial offer made to employees to incentivize them to retire before their standard retirement age, often as part of downsizing or cost-cutting measures.