Why does the consumer response likely depend


Problem

If current taxes are reduced by way of a lump sum rebate, does the consumer response likely depend on how long it will be before taxes are actually raised to pay off the debt incurred by the government? In answering, be sure to account for the fact that the longer the delay in raising taxes, the greater will be the interest debt that accrues.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Macroeconomics: Why does the consumer response likely depend
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