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n200080 [17]
3 years ago
5

When taxes increase, consumptiona. decreases, so aggregate demand shifts left. b. increases, so aggregate demand shifts right. c

. decreases, so aggregate supply shifts left. d. increases, so aggregate supply shifts right.

Business
1 answer:
LenKa [72]3 years ago
7 0

Answer:

a. decreases, so aggregate demand shifts left. 

Explanation:

When tax is increased, disposable income reduces and therefore consumption falls. The fall in consumption shifts the aggregate demand curve to the left.

I hope my answer helps you.

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Which protects a peaceful political organization from having to report its membership to the government?
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DYI Construction Co. is considering a new inventory system that will cost $750,000. The system is expected to generate positive
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Year Cashflow        [email protected]% PV

$                      $

0 (750,000)             1          (750,000)

1        350,000               0.9259    324,065

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4        180,000               0.7350      132,300

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The correct answer is D. The difference in answers is due to rounding error.

Explanation:

Net present value is the diffrence between initial outlay and present value of inflow. We need to discount the cash inflows for year 1 to year 4 at 8% and then calculate the present value of cash inflows by multiplying the cash inflows by the discount factors. Finally, we will calculate NPV by deducting the initial outlay from the present value of cash inflows.

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Answer:

True

Explanation:

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So as per the given statement, the statement is true

hence, the option a is correct

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3 years ago
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