Top Posters
Since Sunday
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
johnpaul92 johnpaul92
wrote...
Go to Answer
Posts: 2600
Rep: 9 0
8 years ago
If the government cuts taxes today, issuing debt today and repaying the debt plus interest next year, a rational taxpayer will
A) leave a smaller gross bequest to her or his heirs.
B) increase saving today, leaving consumption unchanged.
C) increase consumption today, before taxes go up next year.
D) spend the full amount of the tax cut today and reduce consumption next year.
Textbook 
Macroeconomics

Macroeconomics


Edition: 8th
Authors:
Read 226 times
2 Replies
Replies
Answer verified by a subject expert
supamansupaman
wrote...
#1
Top Poster
Posts: 2219
Rep: 49 0
8 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

johnpaul92 Author
wrote...
#2
8 years ago
This answers my question, thank you so much
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1187 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 587
  
 303
  
 322
Your Opinion
What's your favorite coffee beverage?
Votes: 274
Previous poll results: Who will win the 2024 president election?