ECONOMICS QUESTIONS
Question # 00058633
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Updated on: 04/01/2015 03:31 PM Due on: 05/12/2015
What effect would each of the following have on aggregate demand or aggregate supply? Explain.
a. A reduction in personal income tax
b. An increase in payroll taxes paid by the employer Explain how fiscal policy (making changes to government spending and taxes) would affect aggregate demand (AD).
a. A reduction in personal income tax
b. An increase in payroll taxes paid by the employer Explain how fiscal policy (making changes to government spending and taxes) would affect aggregate demand (AD).
uestion number 2 : Explain how fiscal policy (making changes to government spending and taxes) would affect aggregate demand (AD).
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Solution: ECONOMICS QUESTION ANSWER