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What is most likely to occur after the government increases taxes?
Wiki User
∙ 11y ago
It reduces the money available for private sector spending.
Wiki User
∙ 14y ago
Wiki User
∙ 11y agoconsumer spending decreases
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What would most likely occur if the government's priority was to increase government expenditures?
increase taxesincrease taxesincrease taxes.
Under what circumstances would the government most likely raise taxes?
The economy is growing rapidly.
What branch of government has the power to increase or decrease taxes?
The Legislative Branch of government make law in taxation, that is, taxation regulations, taxations budget, taxations spending, taxations increases and decreases.
What did the patriots think about taxes?
What do you think about taxes? If we are to have a government at all, then taxes are necessary to keep the burden of government in motion. Preferable slow grinding motion. The more taxes paid a government the bigger that government will become. The bigger a government becomes the more taxes needed to sustain it. The more taxes imposed to sustain the big government will make the government even bigger and even more taxes will be required to...
Which fiscal policy strategy would the federal government most likely use to stablize the economy?
The fiscal policy strategy that the Federal government would most likely use to stabilize the economy during times of inflation is to raise taxes. However, they could also decrease government spending.
What would most likely occur if the government's priority was to increase government expenditures?
increase taxesincrease taxesincrease taxes.
If the government increases taxes and everything else remains constant?
If the government increases taxes, and everything else remains constant:
What happens to a net personal income with the government lowers taxes?
If the government lowers your taxes your NET income increases.
What happens to taxes when the government increases spending?
they go up
Why do taxes increase?
taxes increase as the debt cieling increases to keep the american government in order and slow the "digging our own hole to fall in".
When is the government budget deficit is most likely to rise?
When there is a decrease in taxes
Which of these would most likeley to occur if the governments priority was to increase government expenditures?
increase taxes
What happens to net personal income when the government lowers taxes?
your net income increases, but your income tax decreases
What happens to net personal income when government lowers taxes?
your net income increases, but your income tax decreases
How was the federal government able to finance the increased production of goods and supplies during World War I?
Increases taxes
When changes to taxes and spending occur in the economy without explicit action by the federal government such policy is?
discretionary
What are the 3 basic economic stabilizers?
Taxes, government transfers, and government spending.As GDP (gross domestic product) increases or decreases, these stabilizers do the same. For example, if the economy is in a recession, as people earn less, they pay less in taxes, and the government pays more unemployment, which is a government transfer.
