Multiple Choice
An increase in individual income taxes ________ disposable income,which ________ consumption spending.
A) increases; increases
B) increases; decreases
C) decreases; increases
D) decreases; decreases
Correct Answer:
Verified
Related Questions
Q52: Figure 16-1 Q53: Tax cuts on business income increase aggregate Q54: Fiscal policy is determined by Q55: Give an example of an automatic stabilizer.Explain![]()
A)the Federal Reserve.
B)the
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