Macroeconomics 20th Edition by Campbell McConnell ,Stanley Brue ,Sean Flynn

Exercise 22

A personal income tax cut, combined with a reduction in corporate income and excise taxes, would:
A) increase consumption, investment, aggregate demand, and aggregate supply.
B) reduce productivity, raise input prices, and reduce aggregate supply.
C) increase government spending, reduce net exports, and increase aggregate demand.
D) increase the supply of money, reduce interest rates, increase investment, and expand real output.