A cut in taxes will have a greater impact on aggregate demand if it is given to: a. people with a low MPC b. people with a high MPC c. everyone in the economy d. those who hold a large amount of...

A cut in taxes will have a greater impact on aggregate demand if it is given to:

a. people with a low MPC

b. people with a high MPC

c. everyone in the economy

d. those who hold a large amount of wealth

The government budget balance equals:

a. taxes + government purchases + government transfers

b. taxes - government purchases - government transfers

c. taxes - government purchases + government transfers

d.taxes + government purchases - government transfers

Jun 10, 2022

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