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Author Question: If the Chancellor of the Exchequer raises taxes by 25 million in order to finance an increase in the ... (Read 67 times)

bucstennis@aim.com

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on: May 25, 2020
If the Chancellor of the Exchequer raises taxes by £25 million in order to finance an increase in the road building programme of £25 million, aggregate demand will
◦ remain the same as all that has happened is that tax revenue has been spent on a project that costs the same amount.
◦ rise since the multiplier effect from increased government expenditure is greater than the multiplied reduction in income from increased taxes.
◦ fall since the population resents increased taxes more than they appreciate increased government expenditure.
◦ remain the same but the distribution of income will change since those who pay the increase in taxes are not necessarily the same people who will use the new roads.
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
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Marked as best answer by bucstennis@aim.com on May 25, 2020

gasdhashg

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Reply #1 on: May 25, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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bucstennis@aim.com

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Reply 2 on: May 25, 2020
Thanks for the timely response, appreciate it

Liddy

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Reply 3 on: Yesterday
Wow, this really help

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