A temporary decrease in taxes leads to
A) a small increase in current consumption.
B) a large increase in current consumption.
C) a small decrease in future consumption.
D) a large decrease in future consumption.
A
Economics
You might also like to view...
What is the total cost, at the level of production where Pastry Paradise is indifferent between which technology is used?
a. $1750 b. $1000 c. $1500 d. $2000
Economics
In the short-run, a firm's decision to shut-down should not include
a. Avoidable costs b. Variable costs c. Fixed costs d. Marginal costs
Economics