A government expenditure multiplier is larger than the tax multiplier.
<h3>What is
tax multiplier?</h3>
The fiscal multiplier is the ratio of change in national income caused by a change in government spending in economics. The exogenous spending multiplier, in general, is the ratio of change in national revenue caused by any autonomous change in spending.
The tax multiplier is used to calculate the maximum change in spending when the government raises or lowers taxes. This multiplier's formula is -MPC/MPS. Tax multipliers are always fewer than spending multipliers.
The tax multiplier indicates the eventual rise in real GDP that will occur as a result of a tax adjustment. Surprisingly, the tax multiplier is always one less than the spending multiplier.
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They weren't expecting the Japanese to air strike a military base in Hawaii at 5am
Answer:
Option: a. Thriving and elaborate internal trade networks
Explanation:
China in the 15th century and 16th century ruled by the Ming Dynasty. During their reign, China became the largest economy in the world. Ming developed trade network through river systems and canals that promote the development of internal trade in China. The Yangtze River helped China to promote internal trading.
Answer: Prevention mindset
Explanation:
As the saying goes "prevention is better that cure" for some people they would do anything to ensure that they prevent a bad thing before it happens because they believe it is better to prevent it than to deal with the consequences there after.
People with prevention mindset don't aim to win but their sole purpose is not to fail. They work hard to ensure that their keep themselves in the comfort zone and to ensure that they are secured .
These people who always follow this path are said to have a prevention focus.
People with this focus worry about being criticized and the probability of failure of they don't put all their effort .
Prevention-focused individuals are more reserved and don't take risks.
They make sure that they plan everything into last details taking measure precautions to ensure that there is no room for error which may have some downfall in terms of them not being innovative and creative .
They would rather not take any chance than taking a chance and failing at the end. They focus on the saying better the devil you know than the one you don't
The pacific ring of fire is an area when a multitude of tectonic plates converge. Because of this, there are often earthquakes and volcanoes along this ring
