If Net Taxes Exceed Government Purchases

question 131

Multiple Choice

If net taxes exceed government purchases,

• A)the price level will rise
• B)the money supply must fall
• C)the aggregate demand curve will shift rightward
• D)the short-run aggregate supply curve will leftward
• E)there will be a federal budget surplus

---

Definitions:

Humerus

The long bone in the arm or forelimb that runs from the shoulder to the elbow.

Pectoralis Minor

A thin, triangular muscle located beneath the pectoralis major, involved in movements of the shoulder and scapula.

Serratus Anterior

A muscle on the side of the chest that assists in moving the shoulder blade.

Subclavius

A small muscle located under the clavicle, which plays a role in stabilizing the clavicle during arm and shoulder movements.