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

Hey..anyone can help me please? ​
The relationship between the two parts of the sentence below is one of "Instead of living alongside the other prosperous Fall River citizens in the elite neighb
_____ is the study of how the three different types of muscle work and what keeps them going. a. muscle physiology b. muscle strength c. biometrics d. exerci
NEED HELP FAST PLEASE
Fine the midpoint of the line segment with the endpoints A and B. A(8,10); B(6,4)
Which topic would be best for literacy narrative
MATHS. SOMEONE, PLEASE HELP I AM PRETY DESPERATE. Coloured beads come in different sizes. Green beads come in a bag of 12. Red beads come in a bag of 15. Blue b
can someone help me on this? pls
What particular environmental issue is present in your community? why do you consider this as an environmental issue?​
What event caused Judaism to briefly disappear from the world map?