Which of the following correctly orders the effects of decrease in taxes on the economy?
A. Consumption decreases, diposable income increases, real GDP increases.
B. Government spending increases, consumption increases, real GDP increases.
C. Disposable income increases, consumption increases, real GDP increases.
D. Real GDP decreases, consumption increases, disposable income increases.

Question

18-06-2024
Business

Answered

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Which of the following correctly orders the effects of decrease in taxes on the economy?
A. Consumption decreases, diposable income increases, real GDP increases.
B. Government spending increases, consumption increases, real GDP increases.
C. Disposable income increases, consumption increases, real GDP increases.
D. Real GDP decreases, consumption increases, disposable income increases.

Sagot :

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