Business
Business, 10.08.2021 03:00, trimommalone353

An increase in government expenditures may lead people to expect that in the future taxes will rise and create greater distortions. By themselves these changes in expectations lead people to a. raise both consumption and investment. b. reduce both consumption and investment. c. raise investment but reduce consumption. d. raise consumption but reduce investment.

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An increase in government expenditures may lead people to expect that in the future taxes will rise...

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