How will a decrease in personal income taxes and an increase in government spending affect consumer spending and employment

Answers

Answer 1

Answer:

Consumer spending increasesEmployment increases

Explanation:

If there is a decrease in personal income taxes, this will mean that consumers have more disposable income. This coupled with an increase in government spending will lead to more money being available for spending in an economy.

Consumer spending will therefore increase and in response, companies will have to produce more goods and services. They will need more labor to do so which will lead to a rise in employment rates.


Related Questions

What are most employers looking for in a job candidate?

people skills
skills
character
enthusiasm

Answers

People skills

if you dont have people skills you wont be able to properly care for the customer

technically all of the above because they want a good worker, but defiantly looking for someone with people skills because they need someone who can work with others

hope this helps :)

1. The supplies of the materials are abundant and can suffice the demand of
the consumers.​

Answers

i want to answer this but could you plz be more specific? what question are you asking?
I would like to know as well but it’s probably referring to equilibrium, surplus or shortage.

Once a government has provided a public good, everyone: Group of answer choicespays the cost.can obtain the benefit.experiences positive externalities.experiences negative externalities.

Answers

Answer: can obtain the benefit

Explanation:

Public goods are meant to be for the benefit of everyone in the country not just a select few. This means that when the government provides one therefore, everyone can obtain the benefit.

Think of a police station for instance. When one is built in an area, everyone there should enjoy more security not just a few because the police are to protect the welfare of every law abiding citizen.

When creditors use the _________, they apply the finance charge only to the amount owed after you've paid your bill each month.

Answers

Answer:

Adjusted balance method.

Explanation:

Financial charges that are been summed up at the end of the last cycle of billing or their previous balances are seen to be calculated with this method. And also, it is used in calculation of the interest which are seen to be toppled or owed by people or customers that are seen to using the savings accounts.

A lot of financial institutes rely on the service or this method in the summation of their account holders month end balances.

Where Monica lives, she makes a lot of money, so she is required to pay a lot of taxes. Wealthier people end up paying more of their income to taxes than people who don’t make as much money. Which type of tax system does Monica’s country MOST likely use?
A. Inheritance
B. Flat
C. Regressive
D. Progressive

Answers

D. Progressive

Explanation:

A progressive tax is a tax in which the tax rate increases as the taxable amount increases. The term progressive refers to the way the tax rate progresses from low to high, with the result that a taxpayer's average tax rate is less than the person's marginal tax rate.

Answer:

Progressive

Explanation:

A private limited company failed. It owed £60,000 in debt. Simon had
£10,000 invested in the company and he had personal assets worth
£100,000. How much could he lose because the company failed? Use
whole numbers only. No pound signs or commas.

Answers

Answer:

£10,000

Explanation:

Simon is a shareholder in a private limited company. As a shareholder, he enjoys limited liabilities to the debts of the company. Limited liabilities means that his obligations to the debts of the business are limited to the amount of capital invested. Should the company fail in meeting its obligations, Simon's liabilities to the company will be a maximum of $10,000, which is the amount he invested.

The limited liabilities feature protects shareholders and investors in private limited companies and corporations from losing more than their contributed capital in case a business fails. Simon's personal assets of $100,000 will not feature in any way.

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