victoriaosias314 victoriaosias314
  • 01-08-2020
  • Business
contestada

Ceteris paribus, if personal taxes are increased, consumer spending will ____________ and the aggregate demand curve will shift to the ______________.

Respuesta :

Nyctalus
Nyctalus Nyctalus
  • 01-08-2020

Answer:

decrease, left

Explanation:

In simple words, when the authorities increase personal taxes in the community the disposable income of the individuals decrease. Disposable income refers to the net income that individuals get in hand for their spending on utilities.

Thus, due to less disposable income the spending will decrease which will further lead to decrease in demand, theretofore, shifting the demand curve to the left.

Answer Link

Otras preguntas

Make x the subject of m=n +x/p​
the ratio of the age of father and his son is 9:4. if the son is 24 years old find the age of father​
Given the conditional statement: p -> ~q Choose the logically equivalent statement. p -> q ~p->q q->p q->~p
can you please help me with this exercise? thank you and happy easter ​
x+y=4 x-y=-2 who can solve it?
please help me solve ​
Which pair of trigonometric values is equivalent v A. cos 113º, cos 67° B. sin 71º, sin 19 C. cos 389, sin 38° D.cos 65º, sin 25°
PLEASE HELP! ITS DUE IN 4 HOURS, MY TEACHER POSTED IT YESTERDAY! Write a 5 paragraph essay identifying and explaining three themes that develop within the nov
I need this translated but I don't know what language it is I need it in English ​
what is unique about an elements structure?