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Author Question: Which of the following statements about taxation is incorrect? a. A tax cut affects aggregate ... (Read 51 times)

abc

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on: Jun 30, 2018
Which of the following statements about taxation is incorrect?
 a. A tax cut affects aggregate demand indirectly.
  b. A tax cut raises income and expenditures.
  c. Cutting taxes by 20 is not the same as increasing government spending by 20.
  d. A change in taxes does not affect consumption.
  e. An increase in taxes decreases income and expenditures.

Question 2

Today's demand curve for gasoline could shift in response to
 a. a change in today's price of gasoline.
 b. a change in the expected future price of gasoline.
  c. a change in the number of sellers of gasoline.
 d. All of the above are correct.


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lindahyatt42

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

d

Answer to Question 2

b


abc

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Reply 2 on: Jun 30, 2018
:D TYSM

skipfourms123

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Reply 3 on: Yesterday
Excellent

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