In 1975, Congress passed a tax rebate to spur consumer spending.Consumers
A) spent the entire amount of the tax savings, boosting the economy, as planned.
B) did not spend any of the amount of the tax savings.
C) saved a substantial share of the tax savings and spent the rest.
D) saved a small portion of the tax savings, and spent the rest.
Correct Answer:
Verified
Q40: If households decrease the amount of bank
Q41: The net export component of aggregate demand
Q42: Which of the following would be removed
Q43: Which of the following would is included
Q44: Aggregate demand is the sum of
A)C +
Q46: Aggregate demand is the total demand for
A)all
Q47: The sum of wages and salaries, interest,
Q48: Consumers most likely decide on their current
Q49: If an individual's income increases by $100,
Q50: The largest component of aggregate demand is
A)investment
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