Answer: It decreases the government purchases multiplier.
Explanation: The Government purchases multiplier is the factor by which the income in an economy increases due to government spending. For example if the government introduces $2 miilion into the economy through projects, the total effect on the economy is more than $2 million, it is multiplied through the contractors, their employees, the businesses the employees patronize and so on.
However, an increase in tax rate has the opposite effect on income, it reduces both the Marginal Propensity to Save and Marginal Propensity to consume. An increase in tax rate will reduce the multiplier.
A tax rate increase is a contractionary measure, that it, it reduces the aggregate demand while increased government spending is an expansionary measure, it increases the aggregate demand.
All participants in an economy are interdependent because a single entity cannot produce all the goods and services in demand. Strength in numbers.
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Answer:
Old Testament; One God; Holy Spirit.
Explanation:
The old Testament describes the old covenant the Lord made with the Israelites in the Bible and it consist of history of creation, how the Israelites are chosen, the journey of Isrealites, the time Isrealites were held captives in the Land of Egypt, the laws, the Judges and kinds of Israel and many more.
In the Old Testament more emphasis was based on one true God and little or nothing was actually said about the 'trinity' (although the words " spirit of God" was mentioned several times in the old Testament but there the emphasis on the doctrine of Blessed Trinity was not there).
In the New Testament, when Christ come for the atonement of Sin of Mankind, Jesus Christ made sure to show that the Trinity is one God that is God the Father, God the son and the Holy spirit are one.
Answer:
Social Exchange Theory
Explanation:
According to my research on studies conducted by various sociologists, I can say that based on the information provided within the question the theory being defined in the question is called the Social Exchange Theory. This theory states that social behavior is the result of a give and take process whose goal is to maximize benefits and minimize costs.
I hope this answered your question. If you have any more questions feel free to ask away at Brainly.
Thats true these people are just starting to collect social security