menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Principles of Macroeconomics Study Set 12
  4. Exam
    Exam 15: Household and Firm Behavior in the Macroeconomy: a Further Look
  5. Question
    A Decrease in Consumption and an Increase in Labor Supply
Solved

A Decrease in Consumption and an Increase in Labor Supply

Question 63

Question 63

Multiple Choice

A decrease in consumption and an increase in labor supply would result from


A) a decrease in tax rates.
B) a decrease in transfer payments.
C) an increase in transfer payments.
D) an increase in government spending.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q58: Because many events cannot be foreseen, investment

Q59: Investment is a very stable component of

Q60: Permanent income is<br>A) current income.<br>B) expected future

Q61: A medical student is likely to consume

Q62: The opportunity cost of leisure will fall

Q64: The path of income over a lifetime

Q65: A graduate student is likely to consume

Q66: Provided that firms have sufficient capital and

Q67: Suppose that the value of the multiplier

Q68: Households are said to have positive wealth

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines