How do tax cuts affect the economy, Macroeconomics

 Tax cuts get better the economy by giving the people more spending power and higher consumer confidence, which leads to them spending more of all of their income which lead to more jobs, more business investment in more efficient technologies, and ultimately higher GDP growth.

 

Posted Date: 4/1/2013 3:22:13 AM | Location : United States







Related Discussions:- How do tax cuts affect the economy, Assignment Help, Ask Question on How do tax cuts affect the economy, Get Answer, Expert's Help, How do tax cuts affect the economy Discussions

Write discussion on How do tax cuts affect the economy
Your posts are moderated
Related Questions
Explain about Economys growth rate Economy's growth rate: Long-term economic growth, or tendency growth, is the rate of growth the economy can sustain, ignoring the short-term

take one set ( lk& output) to prove

Q. Money market with inflation and constant money supply growth? If π M = π and π e = π, both IS- and LM-curve will be fixed.  Figure: The money market with inflatio

how long will be the solution

Analyse the effect of contraction phase to the vunerable

Assume that the economy is characterized by the following structural equations: C = 160 + 0.6 (4 - T) I = 150; G = 150; T = 100. a) Determine the equilibrium output level

Consider the following: The city council has just approved the construction of a water park in your town. You are responsible for studying the impact of the new water park on the l

How much do you have to deposit today in order to allow 5 annual withdrawals, beginning at the end of year 8, with the first withdrawal of $1000 with subsequent withdrawals decreas

A recent study of long distance phone calls made from WPU, showed that the length of the calls follows the normal probability distribution with a mean of 3.2 minutes per call and a

Determine the GDP price index for 1984, using 2005 as the base year