Course Hero Logo
This textbook is available atAmazon.com Logo
Exploring Economics 7th Edition

Exploring Economics (7th Edition)

Book Edition7th Edition
Author(s)Sexton
ISBN9781285859439
PublisherCengage Learning
SubjectEconomics
Section 24.1: Fiscal Policy
In Text Question
SECTION QUIZ 1
Section 24.2: Fiscal Policy and the AD/AS Model
In Text Question
Section 24.4: Supply-Side Effects of Tax Cuts
In Text Question
Section 24.5: Possible Obstacles to Effective Fiscal Policy
Section 24.6: Automatic Stabilizers
In Text Question
Section 24.7: The National Debt
In Text Question
Chapter 24, Section 24.1, In Text Question, Exercise 01
Page 695

Why does government purchases have a direct impact on aggregate demand while taxes have an indirect effect?

Page 695