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

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Definitions:

Indicator of Pain

A sign or symptom that suggests the presence of pain in an individual, which can be verbal, non-verbal, or physiological.

Nitrous Oxide

A colorless gas with a slightly sweet odor, used as an anesthetic and analgesic in dentistry and surgery, also known as laughing gas.

Extensive Burn Injuries

Severe injuries caused by exposure to heat, chemicals, electricity, or radiation, affecting large areas of the body and potentially leading to significant complications.

Provide Anesthesia

The practice of administering drugs to prevent pain during surgical procedures, which can result in loss of sensation or consciousness.