A permanent tax cut would likely ________ consumption spending ________ than would a tax rebate like the one issued in 2008.

Question

Quizplus · Accepted Answer

A permanent tax cut would provide a consistent increase in disposable income for consumers, leading to a higher increase in consumption spending compared to a one-time tax rebate like the one issued in 2008. A tax rebate provides a temporary increase in disposable income, which may not necessarily result in sustained consumption spending over the long term.

A Permanent Tax Cut Would Likely ________ Consumption Spending ________

A Permanent Tax Cut Would Likely Consumption Spending