A $1 increase in government spending on goods and services will have a greater impact on the equilibrium GDP than will a $1 decline in taxes because:
A. government spending is more employment-intensive than is either consumption or
investment spending.
B. government spending increases the money supply and a tax reduction does not.
C. a portion of a tax cut will be saved.
D. taxes vary directly with income.
C. a portion of a tax cut will be saved.
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Firms owning brand names like Coca-Cola that are so well known continue spending hundreds of millions of dollars on advertising
Since this doesn't seem to be an effort to increase consumer awareness what is the possible explanation for this behavior?
To which of the following regions did Prince Henry the navigator send one expedition after another?
a. Western coast of Africa b. The West Indies c. Eastern coast of India d. Western coast of North America e. Eastern coast of South America