Business, 21.04.2020 04:45 raerea2005
If the government changes taxes without changing government spending to eliminate the recessionary gap, will the minimum required change in taxes be greater than, smaller than, or equal to the minimum required change in government spending? Explain.
the minimum required change in taxes will be greater than the minimum required change in government spending
tax multiplier (mpc/mps = 0/8/0.2=0.4) is smaller than the government spending multiplier (1/mps= 1/.2=5) because of the initial increase in disposable income caused by the decrease in income tax will be saved rather than spent
Answers: 2
Business, 22.06.2019 12:20
Over the past decade, brands that were once available only to the wealthy have created more affordable product extensions, giving a far broader range of consumers a taste of the good life. jaguar, for instance, launched its x-type sedan, which starts at $30,000 and is meant for the "almost rich" consumer who aspires to live in luxury. by marketing to people who desire a luxurious lifestyle, jaguar is using:
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Business, 23.06.2019 15:00
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Business, 23.06.2019 19:20
Which represents the solution set of 5(x+5) < 857o x< 12o x> 12x< 16x> 16
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Business, 24.06.2019 02:00
Asking yourself, "who am i now? " is one way to determine career plans that will fit your interests. select the best answer from the choices provided t f
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If the government changes taxes without changing government spending to eliminate the recessionary g...
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