What would most likely happen if the federal government decreased taxes for its citizens?
A) Aggregate demand would increase, especially for wealthy individuals.
B) Aggregate demand would decrease, especially for wealthy individuals.
C) The US tax code would change from a proportional to a regressive system.
D) The US tax code would change from a progressive to a regressive system.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “What would most likely happen if the federal government decreased taxes for its citizens? A) Aggregate demand would increase, especially ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Why many people are convinced to engage in business
Answers (1)
The withdrawal of cash by the owner for personal use would include a
Answers (1)
What type of economic system are you a part of? Write your answer in a short paragraph
Answers (1)
Shamrock Corporation is authorized to issue 53,000 shares of $5 par value common stock. During 2020, Shamrock took part in the following selected transactions. 1.
Answers (1)
Mutual funds are the riskiest type of investment. true or false
Answers (2)
New Questions in Business
Florida law requires that motorcycles must always be operated by
Answers (2)
Helena Fogarty does her own research and development for Mi Ola. When she goes out and talks to fellow surfers about their use and likes and dislikes of surfing swimwear in general to get inspiration for new products, she is in which of the
Answers (1)
Amanda invested a total of $3 comma 100 into three separate accounts that pay 4 % , 6 % and 7 % annual interest. Amanda has three times as much invested in the account that pays 7 % as she does in the account that pays 4 %.
Answers (1)
Mackery, Inc., has an outstanding issue of preferred stock that pays a $5.6 dividend every year. If this issue currently sells for $82.08 per share, what return to market investors require on it currently
Answers (1)
A researcher randomly assigns 50 students to two groups of 25. group 1 is given computers and educational software to take home and use, while group 2 is given educational workbooks to take home.
Answers (1)