taxes rise at a faster rate than incomes,consumers will
A) have less disposable income and try to economize.
B) feel more confident in the government and therefore spend more money.
C) be able to afford to take a vacation.
D) recognize that it's the perfect opportunity to buy a car.
E) react by voting for all incumbent members of Congress.

Question

Quizplus · Accepted Answer

If taxes rise at a faster rate than incomes, consumers will have less money to spend on other goods and services. This means they will likely try to economize and cut back on spending, leading to a decrease in demand for various products.

Taxes Rise at a Faster Rate Than Incomes,consumers Will