Which of the following is correct?
a. Well designed tax cuts can increase investment which fluctuates more than consumption over the business cycle.
b. Well designed tax cuts can increase investment but it fluctuates less than consumption over the business cycle.
c. Tax cuts have little effect on investment which fluctuate more than consumption over the business cycle.
d. Tax cuts have little effect on investment but it fluctuates less than consumption over the business cycle
a
You might also like to view...
Total revenue will be at its largest value on a linear demand curve at the
a. top of the curve, where prices are highest. b. midpoint of the curve. c. low end of the curve, where quantity demanded is highest. d. None of the above is correct.
Market failure results in
A. economic collapse. B. no goods being produced. C. Pareto efficiency. D. lost surplus.