This topic contains a solution. Click here to go to the answer

Author Question: If the Chancellor of the Exchequer raises taxes by 25 million in order to finance an increase in the ... (Read 66 times)

bucstennis@aim.com

  • Hero Member
  • *****
  • Posts: 532
If the Chancellor of the Exchequer raises taxes by £25 million in order to finance an increase in the road building programme of £25 million, aggregate demand will
◦ remain the same as all that has happened is that tax revenue has been spent on a project that costs the same amount.
◦ rise since the multiplier effect from increased government expenditure is greater than the multiplied reduction in income from increased taxes.
◦ fall since the population resents increased taxes more than they appreciate increased government expenditure.
◦ remain the same but the distribution of income will change since those who pay the increase in taxes are not necessarily the same people who will use the new roads.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by bucstennis@aim.com on May 25, 2020

gasdhashg

  • Sr. Member
  • ****
  • Posts: 335
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 56% of students answer this correctly




bucstennis@aim.com

  • Member
  • Posts: 532
Reply 2 on: May 25, 2020
Wow, this really help


okolip

  • Member
  • Posts: 362
Reply 3 on: Yesterday
Gracias!

 

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Did you know?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

For a complete list of videos, visit our video library