Using a change in taxes to improve the economy during a recession a. tends to benefit low-income families more than high-income families O b. has a more direct impact on the economy than a change in government purchases O c. tends to benefit high-income families more than low-income families d. decreases the budget deficit
Using a change in taxes to improve the economy during a recession a. tends to benefit low-income families more than high-income families O b. has a more direct impact on the economy than a change in government purchases O c. tends to benefit high-income families more than low-income families d. decreases the budget deficit
Macroeconomics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506756
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter12: Fiscal Policy, Incentives, And Secondary Effects
Section: Chapter Questions
Problem 1CQ
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![Not b.
Using a change in taxes to improve the economy during a recession
a. tends to benefit low-income families more than high-income families
b. has a more direct impact on the economy than a change in government purchases
c. tends to benefit high-income families more than low-income families
d. decreases the budget deficit
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Not e.
3
Critics of changing tax laws to encourage saving argue that reducing taxes on saving
Oa. has little effect on saving
b. shifts the tax burden unfairly toward the wealthy
c. reduces the deficit
d. reduces capital formation and growth
O e. all of the answer choices X
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Transcribed Image Text:Not b.
Using a change in taxes to improve the economy during a recession
a. tends to benefit low-income families more than high-income families
b. has a more direct impact on the economy than a change in government purchases
c. tends to benefit high-income families more than low-income families
d. decreases the budget deficit
Hide Feedback
Incorrect
Show Transcribed Text
Not e.
3
Critics of changing tax laws to encourage saving argue that reducing taxes on saving
Oa. has little effect on saving
b. shifts the tax burden unfairly toward the wealthy
c. reduces the deficit
d. reduces capital formation and growth
O e. all of the answer choices X
Hide Feedback
Incorrect
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