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Author Question: A decrease in net taxes: a. raises aggregate expenditure by raising disposable income, thereby ... (Read 61 times)

piesebel

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  • Posts: 565
on: Jun 30, 2018
A decrease in net taxes:
 a. raises aggregate expenditure by raising disposable income, thereby increasing consumption.
  b. raises aggregate expenditure by raising disposable income, thereby decreasing consumption.
  c. lowers aggregate expenditure by lowering disposable income, thereby decreasing consumption.
  d. lowers aggregate expenditure by lowering disposable income, consumption remaining constant.
  e. has no effect on aggregate expenditure.

Question 2

A firm's marginal product curve slopes downward throughout its length.
 a. True
  b. False
  Indicate whether the statement is true or false


LP

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

a

Answer to Question 2

False


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