Limited access

Upgrade to access all content for this subject

An increase in the marginal tax rate on savings income will cause

A

the short and long run aggregate supply curves to shift to the right.

B

the short and long run aggregate supply curves to shift to the left.

C

no changes in the short and long run aggregate supply curves.

D

the short run aggregate supply curve to shift to the right, but the long run aggregate supply curve is unchanged.

E

the short run aggregate supply curve to shift to the left, but the long run aggregate supply curve is unchanged.

Select an assignment template