If government cuts taxes ________
A) national saving goes up
B) the equilibrium interest rate would decrease
C) discretionary income goes up
D) all of the above
E) none of the above
C
Economics
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Unions may cause unemployment if:
A. outsiders push wages down. B. insiders force real wages higher than the market-clearing level. C. outsiders are subject to minimum-wage legislation. D. insiders are fired and outsiders are hired.
Economics
Explain how each of the following events would affect the aggregate demand curve
a. Lower interest rates b. A decrease in net exports c. A decrease in the price level d. Slower income growth in other countries e. A decrease in imports What will be an ideal response?
Economics