Government Spending and Taxes

question 45

Multiple Choice

Government spending and taxes

• A)do not change aggregate demand.
• B)are an important component of aggregate supply.
• C)do not play a big role in determining GDP.
• D)are a major determinant of aggregate demand.
• E)cannot affect the price level.

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Definitions:

Blood Relatives

Individuals related by direct lineage or genetic connections, such as parents, siblings, and offspring.

Relatedness

The feeling or state of being connected to others, often considered a fundamental human need.

Grandfather

A parent of one's father or mother and a significant male elder in the family.

Cousin

A family member who shares one set of grandparents with you, either on your mother's or father's side.