Using the Aggregate Supply - Aggregate Demand Model, the Tax

question 24

Multiple Choice

Using the aggregate supply - aggregate demand model, the tax cuts of 2001 and 2003 that came in the form of tax rebate checks would cause

• A)aggregate demand to shift to the right.
• B)aggregate supply to shift to the right.
• C)aggregate demand to shift to the left.
• D)aggregate supply to shift to the left.

---

Definitions:

Mexican Laborers

Workers from Mexico, often migrating for employment in agriculture, construction, and other industries, primarily in the United States.

Borderlands

Regions located on or near the borders between countries, often characterized by cultural blending and conflicts.

Nineteenth Century

A period spanning from January 1, 1801, to December 31, 1900, marking the 19th century of the Gregorian calendar.