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Economic growth : Fall in tax increases the disposable income of the people therefore increasing their purchasing power leading to increased GDP
Employment :decrease in tax causes firms to produce more also due to increased demand which increases the demand for labour.eradicating the problem of employment
distribution of income : this increases money for the poor but increases burden on the rich
hope it helped !
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∙ 13y ago
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How might a reduction in taxation help macro economic aims of government?
A reduction in VAT taxation might lead to price stability and hence it'd be an effective measure to prevent inflation/deflation.
How might a reduction in taxation help any two macro economic aims of a government?
i have exactly the same question on my paper lol
How might a reduction in taxation help any two macroeconomic aims of the government?
Economic growth : Fall in tax increases the disposable income of the people therefore increasing their purchasing power leading to increased GDP Employment :decrease in tax causes firms to produce mo
How might a reduction in taxation help any two macroeconomic aims of a government?
Economic growth : Fall in tax increases the disposable income of the people therefore increasing their purchasing power leading to increased GDP Employment :decrease in tax causes firms to produce mo
What are the aims of Trinidad and tobago government?
the aims are to get a better government
Why the aims of government policy might conflict with each other?
there may be change in planning commission
The Pentagon Papers were a collection of material revealing the US government's?
aims in the Vietnam War and its failure to fulfill those aims
What is purpose of value added tax?
It aims to generate additional government revenue.
How do you think the aims of the EU might have change since 1957?
It might have changed because the name changed
What are the aims of the government on deregulation?
to create greater competiton in marketreduce government subsidiesreduce costs to consumersmore firms join the market
The aims of the EU might have been changed since 1957?
It might have changed because the name changed
Describe the fiscal policy tools available for government intervention in the American economy?
There are two tools of monetary policy.These are qualitative credit control and quantitative control. The1st control is measure of influence the allocation of credit.The 2nd is control in which supply of money is cotrolled quantitativly.
