Using the AD/AS model, a tax change shifts O only the AS curve as it is a supply-side policy only the AD curve as it is 'a demand-side policy neither the AD curve or AS curve as it is a microeconomic policy change the AD curve or AS curve, depending on the economic school of thought

Using the AD/AS model, a tax change shifts O only the AS curve as it is a supply-side policy only the AD curve as it is 'a demand-side policy neither the AD curve or AS curve as it is a microeconomic policy change the AD curve or AS curve, depending on the economic school of thought

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter24: Fiscal Policy

Section: Chapter Questions

Problem 12P

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Using the AD/AS model, a tax change shifts
O only the AS curve as it is a supply-side policy
O only the AD curve as it is a demand-side policy
neither the AD curve or AS curve as it is a microeconomic policy change
the AD curve or AS curve, depending on the economic school of thought

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