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"Obama Considers Delaying Tax Increase""U.S. President-elect Barack Obama is ...

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7 years ago

"Obama Considers Delaying Tax Increase""U.S. President-elect Barack Obama is ...

"Obama Considers Delaying Tax Increase"

"U.S. President-elect Barack Obama is considering delaying his proposal to repeal the Bush tax cuts for the wealthiest Americans in light of the economic downturn."
www.nytimes.com, 11/23/2008

Obama's possible decision to delay the tax increase recognizes the fact that a tax increase will ________ disposable income and ________ the recessionary gap.
A) increase; increase
B) increase; decrease
C) decrease; increase
D) decrease; decrease

Textbook

Foundations of Macroeconomics

Edition: 8^th

Authors: Bade, Parkin

Read 323 times

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Studying economics @ Edinburgh U

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ukrania

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vellojo Author

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7 years ago

Thank you for this

Comes at the right time too!

Good luck on your exams

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Studying economics @ Edinburgh U

ukrania

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7 years ago

Thanks

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