An increase in individual income taxes ________ disposable income, which ________ consumption spending

A) decreases; increases B) increases; increases
C) decreases; decreases D) increases; decreases

C

Economics

You might also like to view...

For a monopsonist:

a. wage > TWC. b. wage > MFC. c. wage = MFC. d. wage = MRP. e. wage < MFC

Economics

"A monopolist can charge whatever price it wants." Do you agree or disagree? Why?

What will be an ideal response?

Economics