If People Want to Save More for Retirement

question 254

Multiple Choice

If people want to save more for retirement

• A)or if the government raises taxes, aggregate demand shifts right.
• B)or if the government raises taxes, aggregate demand shifts left.
• C)aggregate demand shifts right.If the government raises taxes, aggregate demand shifts left.
• D)aggregate demand shifts left.If the government raises taxes, aggregate demand shifts right.

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Definitions:

Antitrust Laws

Legislation intended to promote competition and prevent monopolies by regulating corporate behaviors and practices.

Monopolies

Market structures characterized by a single seller controlling a large portion of the market and limiting competition.

Breaking Up

In a business context, refers to the action of dissolving, restructuring, or splitting a company or organization into smaller units.

Antitrust Laws

Regulations established by governments to prevent large businesses from gaining too much power, encouraging competition by limiting monopolies, cartels, and oligopolies.