If a government adopted an expansionary fiscal policy of cutting direct taxes, the businesses that...

Vendor: CIMA
Product: BA1
Update on: Jul 28, 2025
Questions: 468

CIMA BA1 Question Answer

If a government adopted an expansionary fiscal policy of cutting direct taxes, the businesses that would benefit most would be those whose products:

Are largely bought on credit

Are largely exported

Have a high price elasticity of demand

Are sold mainly to individual consumers

CIMA BA1 Summary

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