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Author Question: Which of the following represent expansionary fiscal policy? A) an increase in marginal ... (Read 72 times)

Melani1276

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on: Jun 30, 2018
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


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amanda_14

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Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

D


Melani1276

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

nyrave

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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