The fiscal policy action most likely to increase investment spending would be ______.
a. increasing the individual income tax rate
b. decreasing the individual income tax rate
c. increasing the business tax rate
d. decreasing the business tax rate
d. decreasing the business tax rate
You might also like to view...
Rent controls are designed to protect consumers from high rents.
Answer the following statement true (T) or false (F)
Suppose Winston's annual salary as an accountant is $60,000, and his financial assets generate $4,000 per year in interest. One day, after deciding to be his own boss, he quits his job and uses his financial assets to establish a consulting business, which he runs out of his home. To run the business, he outlays $8,000 in cash to cover all the costs involved with running the business, and earns revenues of $150,000. What are Winston's explicit costs?
A. $64,000 B. $72,000 C. $8,000 D. $12,000
The Taylor rule is:
A. a rule adopted by Congress to make the Fed's monetary policy more accountable to the public. B. the monetary policy setting formula followed explicitly by the FOMC. C. an approximation that seeks to explain how the FOMC sets their target. D. an explicit tool used by the ECB but not the Fed.
The market demand is the:
A. horizontal sum of all individual demand curves in a market. B. horizontal sum of all individual prices in a market. C. sum of all individual demand curves and supply curves in a market D. vertical sum of all individual demand curves.