If Consumers Foresee Future Taxes Completely,a Reduction in Taxes This

question 74

Multiple Choice

If consumers foresee future taxes completely,a reduction in taxes this year that is accompanied by an offsetting increase in future taxes would cause

• A)a rightward shift in the saving curve and a rightward shift in the investment curve.
• B)a shift in neither the saving nor the investment curve.
• C)a leftward shift in the saving curve, but no shift in the investment curve.
• D)no shift in the saving curve, but a rightward shift in the investment curve.

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Definitions:

Delete Query

A command or function in database management used to remove data or records from a table.

Backup Query

A request or operation to create a copy of data from a database to a secured place, intended to restore the original in case of data loss.

Make-Table Query

A database operation that creates a new table based on the results of a query.

Access Database

A Microsoft database management system that provides a user-friendly environment for database creation and management.