Business, 25.03.2020 20:53 kimlyn58p0wyn0

The federal government announced significant tax cuts, enabling people to keep a greater portion of their income. What will happen to the demand curve in this situation?They will find a substitute for the product and purchase that instead. They will initially increase their purchasing and stock up on the product. They will continue to purchase the product and decrease other purchases if necessary. They will stop purchasing the product and wait until the price comes back down.

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The federal government announced significant tax cuts, enabling people to keep a greater portion of...