A tax rebate,like the one issued in 2008,is likely to ________ consumption spending ________ than would a permanent tax cut.
A) increase; more
B) increase; less
C) decrease; more
D) decrease; less
Correct Answer:
Verified
Q184: A one-time tax rebate,which is not expected
Q185: If government spending and the price level
Q186: A tax rebate,which is expected to be
Q187: If policymakers implement an expansionary fiscal policy
Q188: A permanent tax cut would likely _
Q190: A tax rebate by the government would
A)increase
Q191: When President Obama took office in January
Q192: A government tax rebate of $1,000 would
Q193: In the long run,most economists agree that
Q194: Crowding out will be greater
A)the less sensitive
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