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22. Which of the following would cause the AD curve to shift to the right? O The government raises income taxes. Workers build expectations of higher inflation into their contracts. Firms become pessimistic about the O future growth of GDP, sales, and profits. O The Fed shifts to a more spending.

22. Which of the following would cause the AD curve to shift to the right? O The government raises income taxes. Workers build expectations of higher inflation into their contracts. Firms become pessimistic about the O future growth of GDP, sales, and profits. O The Fed shifts to a more spending.

Economics: Private and Public Choice (MindTap Course List)
Economics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506725
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter12: Fiscal Policy, Incentives, And Secondary Effects
Section: Chapter Questions
Problem 8CQ
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increase. 22. Which of the following would cause the AD curve to shift to the right? * O The government raises income taxes. Workers build expectations of higher inflation into their contracts. Firms become pessimistic about the future growth of GDP, sales, and profits. O The Fed shifts to a more spending. 23. Which of the following is not one of the five regions of the aggregate
Transcribed Image Text:increase. 22. Which of the following would cause the AD curve to shift to the right? * O The government raises income taxes. Workers build expectations of higher inflation into their contracts. Firms become pessimistic about the future growth of GDP, sales, and profits. O The Fed shifts to a more spending. 23. Which of the following is not one of the five regions of the aggregate
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