In the Short Run, a Tax Increase

question 29

Multiple Choice

In the short run, a tax increase

• A) shifts the DD curve to the right, increases output and appreciates the currency.
• B) shifts the AA curve to the left, increases output and depreciates the currency.
• C) shifts the AA curve to the left, decreases output and depreciates the currency.
• D) shifts the AA curve to the left, increases output and appreciates the currency.
• E) shifts the DD curve to the left, decreases output and depreciates the currency.

---

Definitions:

Nominal Group Technique

A structured decision-making process where individuals rank ideas or solutions, after which group discussions and prioritizations lead to a final decision.

Storyboarding Teams

Groups dedicated to creating storyboards, which are visual representations of ideas or projects, often used in film, animation, and business planning.

Creative Writing

The art of crafting original compositions in various genres, emphasizing narrative craft, character development, and expression.

Nominal Group Technique

A structured method for group brainstorming that encourages contributions from everyone in the group to solve problems or generate ideas.