Author Question: If the private sector anticipates higher future taxes as a result of a current budget deficit, ... (Read 140 times)

james · **on:** Jun 30, 2018

If the private sector anticipates higher future taxes as a result of a current budget deficit, current autonomous saving will decline.
a. True
b. False
Indicate whether the statement is true or false

Question 2

Downward shifts are
a. increases in both demand and supply.
b. decreases in both demand and supply.
c. increases in demand and decreases in supply.
d. increases in supply and decreases in demand.