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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 !
What else can I help you with?
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
Level of government that people expected to cure the economic ills?
The federal government is typically expected to address and alleviate economic issues. Through fiscal policies, such as spending and taxation, as well as monetary policies, such as setting interest rates, the government aims to stimulate economic growth, reduce unemployment, and stabilize the economy in times of crisis.
What does shadow treasurer do?
The shadow treasurer is a member of the opposition party in a parliamentary system who is responsible for scrutinizing and challenging the government's economic and financial policies. This role involves proposing alternative budget plans, engaging in debates about fiscal matters, and providing oversight on government spending and taxation. The shadow treasurer aims to present a credible economic vision and hold the government accountable for its financial decisions.
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
How do you think the aims of the EU might have change since 1957?
It might have changed because the name changed
What is purpose of value added tax?
It aims to generate additional government revenue.
What are the aims of the government on deregulation?
to create greater competiton in marketreduce government subsidiesreduce costs to consumersmore firms join the market
