Tax reductions mean that more disposable income is available to people. But the increase in consumption depends on the marginal propensity to consume (MPC). If the MPC is too low, consumers will not consume the additional income made available to them through tax cuts.
Globalization means the speedup of movements and exchanges ( of human beings , goods , and services , capital , technologies or cultural practices ) all over the planet . One of the effects of globalization is that it promotes and increases interactions between different regions and populations around the globe.
1 : mutually joined or related interconnected highways interconnected political issues . 2 : having internal connections between the parts or elements . Other Words from interconnected More Example Sentences Learn More about interconnected .
Special Olympics is a global organization that changes lives by promoting understanding , acceptance and inclusion among people with and without intellectual disabilities . We unleash the power of the human spirit through the transformative power and joy of sports , every day around the world .
3/4 or 75 percent of each house of Congress must approve an amendment in the FIRST step of the amendment process.
