darwintoribio6449 darwintoribio6449
  • 21-06-2018
  • Business
contestada

Suppose the government raises income taxes, so consumers have less take-home pay. this policy action will cause a(n)

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Jrdan
Jrdan Jrdan
  • 21-06-2018
Hey darwintoribio6449, thanks for submitting your question! 

The answer to your question is aggregate demand.

Aggregate demand is the total demand for final goods and services in an economy at a given time. It specifies the amounts of goods and services that will be purchased at all possible price levels.

This is the 
demand for the gross domestic product of a country.

Please let me know if you need any help with anything else, have a good one!

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