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noname [10]
1 year ago
10

If the united states government raises the income taxes on the wealthiest americans, while increasing welfare payments to the po

orest americans, the result will likely be.
Business
1 answer:
mel-nik [20]1 year ago
8 0

Efficiency will undoubtedly suffer if the US government increases assistance payments to the poorest Americans while raising income taxes on the wealthiest Americans and an increase in inequality.

<h3>What will happen if the U.S. raises taxes on the wealthiest Americans?</h3>

Every society must choose between equality and productivity. If the US government increases assistance payments to the poorest Americans while raising income taxes on the wealthiest Americans, the outcome will probably be a decline and increased inequality in the United States.

To know more about it, visit:

brainly.com/question/14366514

#SPJ4

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2. Fiscal policy Suppose a hypothetical economy is currently in a situation of deficient aggregate demand of $32 billion. Four e
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Answer:

For the Economist A the spending multiplier  is = 8, the tax multiplier = 4, the increase in spending is = $4 billion, the tax cut is = $8 billion.

For the Economist B, the spending multiplier is =4, the tax multiplier = 2, the increase in spending is = $8 billion, the tax cut is = $16 billion.

Explanation:

Solution

Given that:

(1)The Economist A

The Spending multiplier = 8

In closing the output gap of $32 billion, required increase in spending = $32 billion / 8 = $4 billion

Thus,

The tax multiplier = 4

To close output gap of $32 billion, required decrease in tax = $32 billion / 4 = $8 billion

(2)The Economist B

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The spending multiplier = 4

To close output gap of $32 billion, required increase in spending = $32 billion / 4 = $8 billion

So,

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To close output gap of $32 billion, required decrease in tax = $32 billion / 2 = $16 billion

8 0
3 years ago
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Based on the information given with regards to the question, this is a personal defense. A personal defense occurs when there's a breach of contract whereby there was issuing of the negotiable instrument.

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Answer:

Return on investment=12.81%

Explanation:

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Total return = $1,410

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Return on investment = total return/cost of shares× 100

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Return on investment=12.81%

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3 years ago
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