karleebernese1893 karleebernese1893
  • 06-08-2020
  • Business
contestada

True or False: A tax cut is less likely to change the composition of labor demand than a government spending increase.

Respuesta :

stanfordgoddy stanfordgoddy
  • 07-08-2020

Answer:

True

Explanation:

This is the case because tax cuts and government spending are instruments that could be used in expansionary fiscal policy.

Note that reduced taxes usually have a direct impact on the disposable income of a economy not the composition of labor demand. Tax cuts leads directly to consumption and savings increase, resulting from increase in disposable income in the economy.

Answer Link

Otras preguntas

I can figure out how to break this down..
you paint 1/2 wall in 1/4 hour at rate how long will it take you you to paint one wall
What does Alienation mean in Drama?
what can 385/64 be simplified to?
three bags of potatoes and four cases of corn cost $40. Five bags of potatoes and two cases of corn cost $34. Find the cost of one bag of potatoes and the cost
What was the defining moment for the start of WWI?
Why did the US Congress pass an exclusion act in 1882 barring Chinese immigrants? a)because Chinese immigrants would work for low wages, which labor leaders fel
Evaluate the expression when t = –6.4 and u = –2.8. t – 4u A. –17.6 B. 4.8 C. 17.6 D. 29.12
How to slove -8(3-s)=32
how many lines does a starfish have in symmetry