Question

What did higher wages and lower taxes increase for most people?

A. Home values
B. Personal debt
C. Disposable income
D. Retirement funds

Answer 1

Higher wages and lower taxes generally increase disposable income for most people.

Step-by-step explanation:

Higher wages and lower taxes generally increase disposable income for most people. When wages increase, individuals have more money available to spend or save. Similarly, lower taxes mean less money is taken out of people's paychecks, allowing them to keep more of their earnings.