If the government levies $20 billion in taxes to finance additional spending on military weapons, the net impact on total employment will be

a a substantial increase in employment because the additional spending will create lots of jobs.

b a substantial decrease in employment because the higher taxes will destroy lots of jobs.

c small because the higher taxes will reduce spending in the private sector, which will tend to offset any jobs created by the government spending.

d a substantial expansion in employment, but only if the additional spending leads to an increase in the general level of prices.

The correct option is C

Explanation:

A tax is a compulsory financial charge or some other type of levy imposed upon a taxpayer (an individual or legal entity) by a governmental organization in order to fund various public expenditures.

Taxation transfers wealth from households or businesses to the government. This has effects which can both increase and reduce economic growth and economic welfare. So an increase in tax will make private business reduce spending.

The correct answer is c) small because the higher taxes will reduce spending in the private sector, which will tend to offset any jobs created by the government spending.

Explanation: Taxes are compulsory levies imposed by the government on individuals or institutions.

There is a trade off between taxes imposed and private spending by individuals. An increase in government spending will not greatly impact total employment as it tends to balance the economic activities of both the government and the private individuals in the long run.

steering wheels are always situated on the left side of the car.

always drive on the right side of the road.

white lines separate lanes of traffic traveling the same direction.

hashed or broken lines means you may change lanes when it is safe.

solid white lines mean stay in your lane.

yellow lines separate traffic moving in opposing directions.

hashed or broken yellow lines mean you can carefully pass, paying attention to oncoming traffic.

never cross a solid yellow line (or double yellow line).

when turning left at an intersection, pass in front of any cars that are turning left from the opposing direction (do not try to pass behind them).

use the left lane to pass other cars traveling your direction.

do not pass in the right lane unless absolutely necessary.

if you are driving in the far left hand lane and someone would like to pass you, move over to the right lane when it is safe to do so and allow them to pass.

you must always yield to pedestrians.

come to a complete stop whenever you see pedestrians trying to cross the street.

never pass a school bus if it has flashing red lights. wait until the lights have stopped.

be aware of bicyclists. often they share the road with cars and are supposed to also follow general traffic laws.

be particularly careful about driving in cities with bike lanes -- always check before turning that a bike is not coming.

it is mandatory to pull over or stop at an intersection to allow an emergency vehicle to pass you if you see one traveling with lights flashing and/or a siren running.

do not overuse your car horn. horns are used almost exclusively for emergency situations or for when you feel unsafe.

explanation: