When taxes are decreased, disposable income increases even though GDP is unchanged
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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If the net benefit of Project A is $5 and that of Project B is $8, switching from Project A to Project B:
A) reduces the net benefit by $3. B) increases the net benefit by $3. C) increases the net benefit by $8. D) decreases the net benefit by $8.
Economics
In 2008, several of the world's central bank actively worked together to push down global interest rates. This is an example of
A) international policy coordination. B) international policy cooperation. C) international policy externalities. D) structural interdependence.
Economics