Which of the following represent expansionary fiscal policy?
A) an increase in marginal individual income tax rates
B) an increase in average individual income tax rates
C) a cut in corporate income tax rates
D) a reduction in government spending
C
Economics
You might also like to view...
What could result in an increase of consumption demand and a decrease in labor supply?
A) a drop in current taxes B) an increase in future taxes C) a decrease in total factor productivity D) an increase in government expenses
Economics
If a country wants to promote future growth, it should
A) produce more capital goods today. B) produce more consumer goods today. C) produce only economic goods. D) produce only needed goods.
Economics