Norah Peterson

History

21 January, 20:26

What effect does the elimination of sales tax by state governments have on the short run economy?

A) Investment will decrease and AS will shift left in the short-run

B) Consumption will decrease and AD will shift left in the short-run

C) Consumption will increase and AD will shift right in the short-run

D) Government Spending will decrease and AD will shift left in the short-run