The United States government has decided to issue federal income tax rebates to taxpayers. What is the MOST LIKELY goal of these rebates?
Responses
A increased consumer spendingincreased consumer spending
B increased transfer paymentsincreased transfer payments
C reduction in the employment ratereduction in the employment rate
D a sharp reduction in the following year's military budgeta sharp reduction in the following year's military budget
E guarantee that the opposing party loses in the next election cycle
A increased consumer spending
To determine the most likely goal of federal income tax rebates issued by the United States government, we need to understand the purpose of such rebates and their potential effects.
The goal of issuing tax rebates is generally to stimulate the economy by encouraging increased consumer spending. By providing taxpayers with extra money through these rebates, the government aims to boost demand for goods and services, which, in turn, can have a positive impact on businesses, job creation, and economic growth.
So, the most likely goal of these rebates would be A) increased consumer spending.
The most likely goal of issuing federal income tax rebates to taxpayers is increased consumer spending (option A).
Inflation is most harmful to
Responses
A debtors.debtors.
B creditors.creditors.
C wage earners.wage earners.
D property owners.property owners.
E borrowers