The federal government announced significant tax cuts, enabling people to keep a greater portion of their income. what will happen to the demand curve

The demand curve will move to the right

Explanation:

Tax cuts: This is the reduction of tax been levied on income of individuals or firms. this enables workers/employees to have increased take home pay.this kind of policy can be initiated and implemented by the government and and not by employers of labor

The increase in take home pay will definitely lead to increase in quantity of goods or services been demanded ( D1 to D2 )  in the open market which will invariably drive prices higher ( P1 to P2 ), while the supply curve will remain the same the demand curve will shift to the right. businesses tend to flourish in times of tax cut because the increase in demand means profit maximization for business.

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i hope this i spelt things wrong i believe but this is why

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the correct answer is economics is a game without winners or losers.

unlike sports or games economic is a game without losers or winner rather it is a game where everyone wins. parties of business doing businesses exchange money with each other and hence exchange is done on the basis of goods. one party takes the goods and other sales it so there is winner on both sides. each party values more highly the good it gets than the good it gives up. both sides exchange only because both intend to increase their value. so there is no concept of lose or win.