Suppose taxpayers are given a one-time only rebate on previous taxes paid. If consumers spend all of their tax rebate checks, what takes place in the economy? A.

Aggregate demand shifts to the right.

B.

The LRAS curve shifts left.

C.

Aggregate demand shifts to the left.

D.

Inflation decreases.

Answers

Answer 1

Answer:

Answer:

Aggregate demand shifts to the right.

Explanation:

Tax rebate means that the people have a tax benefit that increases their disposable income.

When there is additional income available for people to spend, there is an increased demand that shifts to the right the aggregate demand curve.

It is unconnected to the supply curve and inflation so the correct answer is option A.

Hope that helps.

Related Questions

The total amount, including the sales tax and the shipping fee, that Steve paid for the game was $120. What was the shipping fee, in dollars? Show or explain how you got your answer.
Sandy uses online banking, and her bank charges her $4.99 per month. However, she has seen ads for a competing bank offering free online banking services. She'd like to switch, but she realized that it might be difficult to do because she has several of her bill payments set up as automatic debits. The cost of changing to another bank represents Sandy's _____.
When you borrow money, you are charged _____. When you put your money in the bank and save it, you earn _____. interest, interest interest, inflation interest, the money supply?
charcoal grills, accessories, and installation services for custom patio grilling stations. The State of Kentucky is planning major renovations in its parks during 2017 and enters into a contract with BBQ to purchase 400 durable, easy maintenance, standard charcoal grills during 2017. The grills are priced at $200 each (with a cost of $160 each), and BBQ provides a 6% volume discount if Kentucky purchases at least 300 grills during 2017. On April 17, 2017, BBQ Company delivered and received payment for 280 grills. Based on prior experience with the State of Kentucky renovation projects, the delivery of this many grills makes it certain that Kentucky will meet the discount threshold later that same year. What amount of revenue should BBQ report for these units sold on April 17th?
If there is a great demand for a product, the production for that product will increaseDecrease stay the same

True or false Historically, unions were considered to be conspiracies against businesses and were prosecuted in the courts.

Answers

That statement is true

union could greatly damage a business reputation and productivity. The competition's of a business could be the one that form the union and try to sabotage that business

At the end of a heated conversation in the boardroom, Quentin shouted at his colleague, Mitt, "You need to check your bias at the door!" What did Mitt MOST likely say to deserve this response? Question 4 options: "I have no idea how to solve any of these complicated problems!" "I think all of our employees should have to work longer hours!" "There has to be a way to ship our goods to China more efficiently!" "There is no way a person who went to Ohio State can work here!"

Answers

Explanation:

Based on Quentin's response, it is most likely that Mitt made a biased or discriminatory statement. The option "There is no way a person who went to Ohio State can work here!" seems to be the most likely statement to provoke such a response because it reflects a prejudiced attitude based on educational background.

Why is the greece financial crisis described as a depression and not a recession?

Answers

The financial crisis in Greece is described as depression rather than recession is because the Greece’s economy had taken a severe and sustained economic downturn. Greece’s economy has been marked by a substantial and sustained shortfall of the ability to purchase goods relative to the amount that could be produced. Depression is a more severe form of recession. Recession lasts a few months, while depression lasts longer.

Jennie signs a written instrument giving the bank a security interest in her car. This instrument is known as: a. a financing statement. b. collateral. c. a security interest. d. a security agreement.

Answers

Answer:C

Explanation:

Security interest

A supervisor who has more than seven people reporting to him or her: select one:a. should regularly report to the incident commander (ic) to inform him or her of the functions that his or her team is performing.
b. should assign a specific task to each person reporting to him or her and regularly follow up to ensure that the tasks were carried out.
c. has exceeded an effective span of control and should divide tasks and delegate the supervision of some tasks to another person.
d. is more beneficial to the overall effort than a supervisor with fewer personnel because his or her team can accomplish more tasks.

Answers

A supervisor who has more than seven people reporting to him or her has exceeded an effective span of control and should divide tasks and delegate the supervision of some tasks to another person. When there are too many people reporting to one supervisor it can become overwhelming and it is easy for tasks and people to be pushed aside and overlooked. It is best to divide tasks up between other supervisors that have less people reporting to them.

Edward is considering a career managing his family's citrus grove. Which club might he be most interested in based on his career goals? HOSA: Health Occupations Students of America TSA: Technology Student Association FFA: An association of Agriscience and Natural Resources students CECF: Cooperative Education Clubs of Florida