contestada

Would a macroeconomist be interested in how individual consumers respond to an increase in taxes on gasoline?

Respuesta :

Answer:

Yes, a macroeconomist would be interested in how individual consumers respond to an increase in taxes on gasoline

Explanation:

  • The responses registered knowingly or unknowingly by the individuals affected by changes in certain taxes are largely identical to each other. This is because the majority of people who are anyway affected by such changes belong to the middle class.
  • It is from the responses of multiple individuals, the mood of the entire society in line with the changes in the taxes can be speculated.
  • Most of the time, it is seen that an unprecedented increase in the tax levied over a common commodity affects the middle class negatively. Whereas, on the other hand, a decrease in the same provides them relief to some extent.
  • Hence, the responses of individuals collectively form the response of an entire society that is subjected to changes in taxes, clearly attracting the attention of a macroeconomist.