A new tax introduced by the government will:
A) decrease disposable income.
B) increase disposable income.
C) lead to a reduction in government spending.
D) lead to an increase in government spending.
E) have no effect on disposable income.
Correct Answer:
Verified
Q35: A decrease in net taxes:
A)increases GDP as
Q36: Figure 11.1 shows the relationship between the
Q37: _ when net taxes are reduced.
A)Net exports
Q38: Which of the following is most likely
Q39: An increase in the federal budget deficit:
A)only
Q41: Suppose the government expenditure increases by $200
Q42: The steeper the short-run aggregate supply curve,_.
A)the
Q43: The exact change in equilibrium output due
Q44: Figure 11.2 shows the relationship between the
Q45: Suppose the government reduces its budget deficit
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