Answer:
Increasing government spending by $60 billion while raising taxes $60 billion
Explanation:
If we do the multiplicator of Government spending which is equal to = 1/MPS
And MPS (marginal propensity to save) = 1 - MPC (marginal propensity to consume)
But MPC = 0.75
Hence multiplicator of Government spending = 1/(1-0.75) = 4
If we look for the multiplicator of taxes = -MPC/MPS
But MPS = 1 - MPC
= -MPC/(1-MPC)
= -0.75/0.25 = -3
Hence if government spending is increased by $60 billion, GDP will be increased by 60 x 4 = $240 billion
Also if taxes are increased by the same amount, GDP will decrease by 60x3 = $180 billion
Hence this means that GDP will increase by 60 billion dollars, as the difference between the both is 240 - 180 = 60 billion dollars
There is an increase in the prices of products
it’s france, britain, and russia
Answer:
I guess A is the true answer because in the ancient Athens only men were considered citizens.
The answer is: True.
A group is defined as two or more freely interacting individuals who share norms, share collective goals and have common identity.
For a group to be functional, the prerequisite is that the members share a certain characteristic. A shared characteristic could be the same interest, shared values or representations. Members can also share ethnic or social background, or kinship ties. The purpose is, in any case, that the shared characteristic should give a sense of unity.