Question: Suppose the personal income tax was replaced with a national
Suppose the personal income tax was replaced with a national sales tax. How would this affect aggregate supply, aggregate demand and interest rates?
Relevant QuestionsWhat key ingredients are necessary for the creation of economic supply?The Creative Publishing Company (CPC) is a coupon book publisher with markets in several southeastern states. CPC coupon books are sold directly to the public, sold through religious and other charitable organizations, or ... Information Technology, Inc., is a supplier of math coprocessors (computer chips) used to speed the processing of data for analysis on personal computers. Based on an analysis of monthly cost and output data, the company ...How is a price-consumption curve related to a demand curve?In an effort to reduce excess end-of-the-model-year inventory, Harrison Ford offered a 1% discount off the average price of 4WD Escape Gas-Electric Hybrid SUVs sold during the month of August. Customer response was wildly ...
Post your question