14. An increase in the tax expenditure in the economy may lead to: ( – InterviewSolution

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1.	14. An increase in the tax expenditure in the economy may lead to: (a) Increase in the Tax-to-GDP ratio. (b) Decrease in indirect subsidies given by the government. (c) increase in personal disposable income. (d) Decrease in public debt.
Answer» ease in the tax EXPENDITURE in the economy may LEAD to: (a) Increase in the Tax-to-GDP ratio. (b) DECREASE in indirect subsidies given by the government. (c) increase in personal disposable INCOME. (d) Decrease in public debt.EXPLANATION:step by step explanation

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