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.
To know more about tax multiplier follow the link:
brainly.com/question/22936542
#SPJ4
Answer: Georgia Platform, statement of qualified support for the U.S. Union among Georgia conservatives following the Compromise of 1850. Drawn up by Charles J. Jenkins and adopted by a state convention on Dec. 10, 1850, at Milledgeville, the Georgia Platform consisted of a set of resolutions accepting the Compromise of 1850.
Explanation:
Answer:
This effect is best explained by the facial feedback theory.
Explanation:
The facial feedback theory states that your facial expression influences your emotion and how you feel.
In this scenario, other students in Eileen's class respond to her smile by smiling in response which automatically causes them to feel happy.
The effects on industrialization changed our society today by making it so we can do things faster. The telephone made it so we can get ahold of people. It made it so that news can travel further and faster. People will know more things and it will be easier to paln.
