Increase in tax by the government: a. None of these b. Decreases the consumption by individuals c. Increases the saving by individuals d. Increases the consumption by individuals
Increase in tax by the government: a. None of these b. Decreases the consumption by individuals c. Increases the saving by individuals d. Increases the consumption by individuals
Chapter5: Gross Domestic Product
Section: Chapter Questions
Problem 6SQP
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Question
Increase in tax by the government:
a.
None of these
b.
Decreases the consumption by individuals
c.
Increases the saving by individuals
d.
Increases the consumption by individuals
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