00:01
Advocates of bigger government seek to expand demand through higher government spending and contract demand through tax increases.
00:18
So, which of the following is correct? true or false? whether it is true statement or false statement.
00:27
So, this is true in the context, in some context.
00:32
This is true only in some context.
00:42
So, it is true that tax, when the tax increases, right, what happens? so, tax increase can contract demand, right, because consumers have less disposable income to spend.
01:07
So, it's an oversimplification to say that proponents of the larger government always seek to contract demand through tax increases.
01:16
Often the goal of the tax increase is to fund specific programs, right, redistribute wealth or address deficit rather than contract demand, right...
