Business, 09.10.2019 22:30 bakerj8395
Suppose social security contributions rise by $1 billion while social security benefits also rise by $1 billion. further, personal income taxes fall by $500 million. as a result,
a. disposable income should increase while personal income and national income are unchanged.
b. national income, personal income, and disposable income should increase.
c. both personal and disposable personal income should increase.
d. personal income, disposable personal income, and national income remain unchanged.
Answers: 1
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Suppose social security contributions rise by $1 billion while social security benefits also rise by...
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