Jeopardy!. An increase in taxes will change aggregate demand in which way?. Decrease. A tax that charges the poor a larger percent of their income than the rich may be described as this . . Regressive tax. A tax which does not vary with level of GDP . Fixed tax.
A change in a fixed tax will simply shift theconsumption function. However, an increase in avariable tax will affect the consumption function inwhat way?
(Expansionary/Contractionary)(Automatic/Discretionary): Congress cuts funding to the National Teapot Museum, and uses the funds saved to increase transfer payments to Snapple, Inc.
A one-time fiscal policy may be described as this / Chris Brown was arrested for an alleged altercation with his then girlfriend, this performer