Th4.5: ^^ Price Level Flashcards
1
Q
What can taxes impact?
A
LRAS, SRAS and AD
2
Q
What can indirect taxes often cause?
A
cost push inflation
A Level Eco - Macro 2 > Th4.5: ^^ Price Level > Flashcards
What can taxes impact?
LRAS, SRAS and AD
What can indirect taxes often cause?
cost push inflation
A Level Eco - Macro 2 (185 decks)