Assuming that progressive taxation is desirable, a consumption tax calculated by subtracting saving from income would be preferable to a general sales-based consumption tax

a. True b. False

a

Economics

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Give some arguments for and against a balanced budget requirement

Economics

Based on the table, the increase in government purchases changes aggregate demand ______.


a. less than the combined changes in consumption purchases
b. more than the combined changes in consumption purchases
c. the same amount as the combined changes in consumption purchases
d. the same amount as the first individual round of consumption purchases

Economics