In an Effort to Avoid Recession, the Government Implements a Tax

question 42

Multiple Choice

In an effort to avoid recession, the government implements a tax rebate program, effectively cutting taxes for households. We would expect this to

• A) affect neither aggregate supply nor aggregate demand.
• B) increase aggregate demand.
• C) reduce aggregate demand.
• D) reduce aggregate supply.

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Definitions:

Résumé Distribution

The process of sending out a résumé to potential employers, either electronically or through physical copies, in search of job opportunities.

Primary Consideration

The most important factor to be taken into account in a given scenario.

Potential Employer

An organization or individual that may consider hiring a job candidate for an open position.

Large Blocks

Substantial and cohesive units of text, data, or material.