In order to stimulate the economy, the united states government lowers personal income tax rates.Why would?

Question

this action be expected to promote economic growth?A.businesses would be required to hire more employees. B.manufacturers would have pay more for raw materials. C.The government would be less likely to engage in deficit spending. D.consumers would have more money available to spend on goods and services.

Answer 1

the asnwer is "d" tough why bush did this makes little sense to me.....yes consumers gotr the refund checks and are spending more money, but it is money the goverment needs to run the goverment, monies paid in taxes etc by consumers and business.....again this has made little sense to me, and seems not to have done much good either. simply put......this raised our already sky high deficit.  

Answer 2

Are you trying to get us to do your homework for you?  The answer is D.  The people always know better ways to spend the money they earn than the federal government does.  

Answer 3

D

Answer 4

D. Of course this assumes they lower taxes on other than just the rich folks...

Answer 5

D - you need to spend your way out of a recession.