Other Things the Same, an Increase in Taxes Shifts Aggregate

question 35

True/False

Other things the same, an increase in taxes shifts aggregate demand to the left. In the short run this makes output fall which makes the interest rate rise.

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Definitions:

Contractile Vacuoles

Organelles found in certain unicellular organisms responsible for expelling excess water from the cell to maintain osmotic balance.

Flattened Vesicles

Flattened, membrane-bound sacs found within cells, often involved in the transport and processing of cellular materials.

Chromalveolates

A supergroup composed of diverse protists with few shared characters; most are photosynthetic, and heterotrophic chromalveolates, such as the water molds and ciliates, probably descended from autotrophic ancestors. Divided into two main groups; see alveolates and stramenopiles.

Euglenoids

A group of mostly freshwater unicellular excavates that move by means of an anterior flagellum and are usually photosynthetic.