1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Yanka [14]
2 years ago
5

An income tax rate increase will most likelyaggregate demand andaggregate supply. A)increase increase B) increasedecrease decrea

se : decrease decreaseincrease
History
1 answer:
lana [24]2 years ago
4 0

Answer: C. decrease and decrease

Explanation: Income tax is the annual taxes levied by the federal government and/or state governments on income earned by an individual or a business. Aggregate demand is the total demand for final goods and services in an economy at a particular period, while aggregate supply is the total supply of goods and services that companies in a national economy plan on selling during a specific time period.

An increase in income tax rate will reduce the income available to purchase goods nationwide which will lead to a decrease in aggregate demand of the population culminating in a decrease in aggregate supply.

You might be interested in
What is the point of view in the excerpts from Olaudah Equiano’s memoir? What is likely his purpose in beginning the narrative w
Sauron [17]

Answer:

His point of view was the first-person point of view.

His likely purpose in beginning the narrative with details describing his village in Nigeria is to compare the life he was living before he was enslaved and the life he was living after becoming enslaved.

Explanation:

Olaudah Equiano's purpose in writing his autobiography describing his journey into slavery was to strongly oppose slavery and highlight how slaves were really treated.

He showed how horrific he and other slaves were treated by their masters and they helped other abolitionists to further their cause of ending slavery.

7 0
3 years ago
Read 2 more answers
SOMEONE PLEASE ANSWER THIS CORRECTLY AND SERIOUSLY IF YOU DONT KNOW THIS THEN DONT ASNWER SOMEONE PLEASE HELP ME ASAPPPP THIS IS
iragen [17]

Answer:

Supporting the banks helps the rest of the economy. Plus, with the banks afraid of risk and lacking cash, banks have little capacity to lend money. Without those loans, the pace of growth in the global economy slows substantially, and may even go into reverse.

8 0
2 years ago
Read 2 more answers
Smooth and cardiac muscle are under involuntary control. t/f
Ymorist [56]
False, they are under voluntary control. 
3 0
2 years ago
The U.S.S. Maine sank while sitting in what Harbor.
mina [271]
Havana<span> harbour and I hope this helps. </span>
6 0
2 years ago
Read 2 more answers
List more reasons why there was a population shift after WWII (1940s).
Lubov Fominskaja [6]

In World War II the world lost 50 to 70 million people, mostly Europeans, including  millions of Jews, which was nearly 35.3% of the world Jewish population. Between 1935 and 1940, 12 percent of the population moved to another county or state. This represented a lull in population movement that changed during and after WWII as geographic mobility increased in the U.S. For instance, between 1940 and 1947, 21.5 percent of civilians moved to different counties or states.

3 0
2 years ago
Other questions:
  • The first federal legislation aimed specifically at curtailing organized crime activities was the ________ act.
    11·2 answers
  • Which of the following best describes the experiences of freedmen after the civil war?
    6·2 answers
  • Help me and I hug u and give cookie later :D
    13·2 answers
  • Those who settled in the first thirteen colonies lived mainly in which ecosystem?
    15·2 answers
  • What really went down during the Boston Massacre?
    13·2 answers
  • Under what cercumstances can first amendment freedoms be limited?
    14·2 answers
  • Introduction of African history​
    9·1 answer
  • What is the contribution of estrada administration in justice
    6·1 answer
  • Abolishing discrimination within the U.S. military was he primary goal of Truman's Executive Order 9981. What was a secondary go
    13·1 answer
  • Why shouldn’t the government chose what we watch talk about facts about countries regulating TV ! Explaining
    7·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!