________ in taxes will decrease consumption spending,and ________ in transfer payments will increase consumption spending.
A)An increase; an increase
B)A decrease; an increase
C)An increase; a decrease
D)A decrease; a decrease

Question

Quizplus · Accepted Answer

An increase in taxes reduces disposable income, leading to decreased consumption spending. Conversely, an increase in transfer payments boosts disposable income, thereby increasing consumption spending.

________ in Taxes Will Decrease Consumption Spending,and ________ in Transfer

in Taxes Will Decrease Consumption Spending,and in Transfer