UGC NET
Ayushi Asked a Question
August 13, 2020 12:38 pmpts 30 pts
  • UGC NET
  • Economics

69 payments will increase consumption spending. in taxes will decrease consumption spending and - in transfer (1) an increase, a decrease (2) an increase, an in

69 payments will increase consumption spending. in taxes will decrease consumption spending and - in transfer (1) An increase, a decrease (2) An increase, an increase (3) A decrease, a decrease (4) A decrease, an increase
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  • Nidhi taparia thankyou
    69. Option (2) is right. When taxes rise, people are left with lesser portions of their incomes to spend. So consumption spending falls. On the other hand, when transfer payments ...
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