asked 174k views
3 votes
When the government decreases taxes:

the economy prospers.

the economy slows down.

consumers are not affected.

none of these

asked
User Fiid
by
8.8k points

1 Answer

5 votes
The answer is none of the choices given. The decrease in taxes by the government allows disposable incomes increases, translating to a higher demand/spending and increase in the production or so called GDP. Lowering the taxes is the prescription for a sluggish economy.
answered
User Jordan Clark
by
7.9k points

Related questions

asked Nov 8, 2024 78.1k views
DSoa asked Nov 8, 2024
by DSoa
8.0k points
1 answer
5 votes
78.1k views
asked Jan 18, 2024 136k views
Hidemyname asked Jan 18, 2024
by Hidemyname
8.2k points
1 answer
1 vote
136k views
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.