<span>in the long run we would expect this tax cut to </span>C. increase the level of real GDP.
Tax cut will give the private sectors more resources to either increase the number of employees or buy materials for production.
Either decision will lead to an increase in overall productivity which will contribute to additional Gross Domestic Products.
Answer:
(a) What is the amount by which Carla Bank's liabilities have changed?
Carla Bank's liabilities increased by $15,000 (bank deposits are liabilities).
(b) Calculate the change in required reserves for Carla Bank.
Carla Bank's reserves must increase by $15,000 x 5% = $750
(c) What is the dollar value of the maximum amount of new loans Carla Bank can initially make because of Christopher's deposit?
Carla Bank can loan $15,000 x 95% = $14,250
(d) Based on the central bank's open-market purchase of bonds, calculate the maximum amount by which the money supply can change throughout the banking system.
Money multiplier = 1 / 5% = 20
The money supply has the potential to increase by $15,000 x 20 = $300,000
(e) How will the change in the money supply in part (d) affect aggregate demand in the short run? Explain.
Aggregate demand will increase since the total money supply increases. This should also help to decrease the interest rates and foster investment.
The careers where an individual can be self employed include:
- Greenhouse manager.
- Animal breeder
- Baker.
- Agricultural equipment operator.
A self-employed person simply means an individual who earns their living from any independent pursuit of economic activity.
It's the state of working for oneself. Examples include greenhouse manager, animal breeder, baker, and gricultural equipment operator.
Learn more about self employment on:
brainly.com/question/25803149
Answer:
differential rate.
Explanation:
A pay structure in which more efficient workers earn higher wages, as suggested by Frederick W. Taylor, is known as a differential rate system.
According to Frederick Winslow Taylor, a mechanical engineer and father of scientific management, some efficient workers may earn higher wage than their colleagues.
