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makvit [3.9K]
3 years ago
14

A $1 increase in government spending on goods and services will have a greater impact on the equilibrium GDP than will a $1 decl

ine in taxes because
Business
1 answer:
ollegr [7]3 years ago
7 0

Answer:

Government spending creates employment or it employment-intensive as compared to a decline in tax.

Explanation:

Government spending is more employment-intensive as compared to tax. When the government dumps money into the economy then the economy becomes richer than the injected money because it creates employment and increases the aggregate demand. Moreover, GDP will increase more because it depends on the MPC and spending multiplier. While the tax decline is saving intensive when a tax falls then people try to save more.  

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Innovation in the sales process and methodologies within the sport industry have often been more advanced then those used in oth
kobusy [5.1K]
The answer for this statement would be TRUE. Innovation nowadays have been improving especially in the sports industry because the world wants to keep up with the latest advancements now in the field. Therefore, we could really see that it is more advanced than those used in other service industries.
4 0
4 years ago
Which is not a reason for supporting ethical relativism?
raketka [301]

This is not the reason why not support ethical relativism; Ethical relativism holds that there is a right and wrong, even though we do not agree about what is right and wrong and If people disagree about some moral matter, their disagreement will always be due to their having different moral values.

4 0
3 years ago
What is the difference between a national bank and a state bank?
Daniel [21]
All national banks must be members of the Federal Reserve System, while state banks can join if they wish  
3 0
3 years ago
On January 2, 2014, Indian River Groves began construction of a new citrus processing plant. The automated plant was finished an
9966 [12]

Answer:

the expenditures are missing, so I looked for a similar question:

  • 1/2/2014 $400,000
  • 7/1/2014 $1,200,000
  • 12/31/2014 $1,200,000
  • 3/31/2015 $1,200,000
  • 9/30/2015 $800,000

Weighted average expenditures for 2014:

January 1 = $400,000 x 1 = $400,000

July 1 = $1,200,000 x 1/6 = $600,000

December 31 = $1,200,000 x 0 = $0

total = $1,000,000

Since the company borrowed $2,200,000 specifically for this construction project, then capitalized interests = $1,000,000 x 12% = $120,000

7 0
3 years ago
An increase in nominal GDP Group of answer choices is both per capita and absolute real economic growth. is per capita real econ
Anon25 [30]

Answer:

does not necessarily mean either absolute or per capita real economic growth.

Explanation:

Nominal GDP can increase due to high inflation, and that is not real growth since the purchasing power of individuals, businesses and the government doesn't grow. Real GDP growth would mean absolute economic growth.

The GDP per capita measures the GDP divided by the total population of a country, so the nominal GDP or real GDP could grow, but if that growth is less than the population's growth, then the nominal and real GDP per capita will still decrease.

7 0
4 years ago
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