Question
Which of the following reduces household and business spending?
Multiple choice question.
Taxes that reduce government spending
Taxes that stimulate economic expansion
Taxes that restrain economic expansion
Taxes that increase government spending
Multiple choice question.
Taxes that reduce government spending
Taxes that stimulate economic expansion
Taxes that restrain economic expansion
Taxes that increase government spending
Answers
GPT-4o mini
The option that reduces household and business spending is:
**Taxes that restrain economic expansion.**
This type of tax typically reduces disposable income for households and can discourage investment for businesses, leading to a decrease in overall spending.
**Taxes that restrain economic expansion.**
This type of tax typically reduces disposable income for households and can discourage investment for businesses, leading to a decrease in overall spending.