Multiple Choice
If net taxes decrease,which of the following would occur?
A) Disposable income decreases,consumption at any income level increases,and the consumption-income line shifts upward.
B) Disposable income increases,consumption at any income level increases,and the consumption-income line shifts downward.
C) Disposable income increases,consumption at any income level increases,and the consumption-income line shifts upward.
D) Disposable income decreases,consumption at any income level decreases,and the consumption-income line shifts downward.
E) Disposable income increases,consumption at any income level decreases,and the consumption-income line shifts downward.
Correct Answer:

Verified
Correct Answer:
Verified
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