Personal income taxes are reduced as part of an, Business Economics

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Personal income taxes are reduced as part of an

Personal income taxes are reduced as part of an expansionary fiscal policy. What is the impact on aggregate expenditures and income?

A. Both increase.

B. Both decrease.

C. Aggregate expenditure decreases and income increases.

D. Aggregate expenditure increases and income decreases.

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Business Economics: Personal income taxes are reduced as part of an

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