Which of the Following Will NOT Happen If the Income

question 43

Multiple Choice

Which of the following will NOT happen if the income tax rate (t) is increased?

• A)the expenditure multiplier and consumption will both decrease
• B)disposable income, saving, and consumption will all decrease
• C)consumption and income both will decrease, but saving will increase
• D)the full-employment budget surplus will increase
• E)autonomous spending will stay the same but national income will decrease

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Definitions:

Property Interests

involve legal rights over the use, possession, and control of property, including both real and personal property.

State Official

An individual holding an office or position of authority in a government at the state level, responsible for executing the laws and policies of the state.

Vietnam

A country in Southeast Asia known for its rich history, cultural heritage, and economic growth.

Easement By Necessity

A right of access granted to a property owner because it is absolutely necessary for the use or development of their property, often arising when a property is landlocked.