Answer:
Higher interest rates tend to moderate economic growth. Higher interest rates increase the cost of borrowing, reduce disposable income and therefore limit the growth in consumer spending. Higher interest rates tend to reduce inflationary pressures and cause an appreciation in the exchange rat
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Answer:
Do you have a picture from the question
Explanation:
Had to look for the options and here is my answer.
The reason why the red bar goes up when the blue goes up, which means these are directly proportional, is that HIGHER SPENDING THAN TAXING WOULD RESULT IN A DEFICIT, AND THIS CONTRIBUTES TO MORE DEBTS. This is based on the actual options. Hope this helps.
Answer:
When the government levies a tax on a corporation, the corporation is more like a tax collector than a taxpayer. The burden of the tax ultimately falls on people—the owners, customers, or workers of the corporation. Many economists believe that workers and customers bear much of the burden of the corporate income tax.
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