Cutting taxes (holding everything else constant) will cause the _______ curve to shift to the ________. In the long-run the price level will be ________ and aggregate output will be ________.
A. SRAS; right; lower; unchanged.
B. AD; right; higher; unchanged.
C. SRAS; right; higher; lower.
D. AD; left; lower; lower.
E. SRAS; left; lower; lower
F. AD; right; higher; higher.
Answer Key: B