Asked by Coco
Government can use which of the following to reduce consumption?
Multiple choice question.
Tax increases
Inflation
Tax decreases
Interest rate decreases
Multiple choice question.
Tax increases
Inflation
Tax decreases
Interest rate decreases
Answers
Answered by
GPT-4o mini
The correct option is:
**Tax increases**
Increasing taxes generally reduces disposable income for consumers, leading to decreased consumption.
**Tax increases**
Increasing taxes generally reduces disposable income for consumers, leading to decreased consumption.