The Government Increases Taxes

question 114

Multiple Choice

The government increases taxes. As a result, in the short run, real GDP ________ and the price level ________.

• A) increases; rises
• B) decreases; falls
• C) decreases; rises
• D) increases; falls

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Definitions:

List View

A way of displaying a list of items on the screen, allowing users to scroll through or select items from the list.

Ribbon

A graphical control element in software that houses buttons, icons, and menus for quick access to a program's features.

Deleted Files

Files that have been removed from their original storage location, often placed in a temporary area (like the Recycle Bin) allowing for potential recovery.

Preview Pane

A feature in software applications that allows users to see a small preview of a file before it is opened.