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Inferior goodA good for which an INCREASE(decrease) in consumer income will lead to a DECREASE(increase) in demand for that good.Normal GoodA good for which an INCREASE(decrease) in consumer income will lead to a INCREASE(decrease) in demand for that good.
They both will increase (or decrease).
yes because increase in supply will cause decrease in price so the purchasing power of consumer will increase as a result of surplus
A decrease in government spending and increase in taxes.
Because two thirds of all government spending is on entitlements which the government connot easily alter. (by Solomon Zelman)
Inferior goodA good for which an INCREASE(decrease) in consumer income will lead to a DECREASE(increase) in demand for that good.Normal GoodA good for which an INCREASE(decrease) in consumer income will lead to a INCREASE(decrease) in demand for that good.
Lower taxes to make it easier for consumers and business to spend money.
They both will increase (or decrease).
increase business
yes because increase in supply will cause decrease in price so the purchasing power of consumer will increase as a result of surplus
Increase: he was a Federalist
A decrease in government spending and increase in taxes.
Because two thirds of all government spending is on entitlements which the government connot easily alter. (by Solomon Zelman)
INCREASE
Generally speaking the fiscal policies of the US Federal government are related to the monetary policies of the US Federal Reserve System. With that said, US fiscal policies of the Federal government can affect the economic situation of the US. The Federal government can do the following to influence the US economy, all of which are meant to improve the economy, however, that may not be the intended result. Here are some but not all examples of how the economy of the US can be affected by the Federal government:* Increase or decrease income taxes on personal and corporate income;* Increase or decrease gasoline taxes;* Increase or decrease tariffs;* Increase or decrease capital gains taxes ( part of income taxation );* Increase or decrease social security payments;* increase or decrease certain Medicare prices (costs )* increase or decrease Federal employment policies;* increase or decrease social spending in terms of food stamps as an example; and* Increase or maintain current levels of the national debt ceiling.
increase items in business we use debit. decrease items in business we used credit
A decrease in aggregate demand, an increase in the reserve requirement, an increase in the discount rate, increase in interest rates, a decrease in government spending.