Which of the following represent expansionary fiscal policy? ...

[Melani1276]

Which of the following represent expansionary fiscal policy?
 
  A) an increase in marginal individual income tax rates
  B) an increase in average individual income tax rates
  C) a cut in corporate income tax rates
  D) a reduction in government spending

Question 2

Which of the following theories predicts that current consumption increases when a person expects an increase in future income?
 
  A) the life-cycle theory of consumption B) the Keynesian theory of consumption
  C) the permanent income hypothesis D) all of the above

[amanda_14]

Answer to Question 1

C

Answer to Question 2

D

[Melani1276]

Gracias!

[Dnite]

Thanks for the timely response, appreciate it