Based on the marginal propensity to consume, the required tax cut to get a $300 billion stimulus is $400 billion.
<h3 /><h3>How much of a tax cut is needed?</h3>
This can be found by the formula:
= Required fiscal stimulus / Marginal propensity to consume
Solving gives:
= 300 / 0.75
= $400 billion
In conclusion $400 billion of tax cuts are needed.
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Answer:
True
Explanation:
Business plan software have proven to be of little value in its application. This can be attributed to the fact that softwares are standardized and do not have the flexibility to stray from the provided templates. Also, business softwares restricts the user from personalizing his or her business plans according to his or her business environment or location. Finally, software designed to create business plans do not allow users to review their written works. All these contributed in making softwares designed to help create business plans difficult to apply in every business situation, thus diminishes its value.
Answer:International trade allows countries to exchange good and services with the use of money as a medium of exchange. ... Nations with strong international trade have become prosperous and have the power to control the world economy. The global trade can become one of the major contributors to the reduction of poverty.
Explanation:
<span>A slower rate of growth in income than in other countries, which causes imports to lag behind exports. d. Domestic real interest rates that are lower than real interest rates abroad. **86. If the US dollardeclines in value relative to the currencies of many of its trading partners, the likely result is that a. Foreign currencies will ...</span><span>
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Answer:
The correct answer is letter "B": investment center.
Explanation:
Investment centers are units within a firm that generate their own revenue, reporting Financial Statements and Income Statements. Those benefits are eventually used in the diverse financing activities necessary for the corporation's processes. A typical example of an investment center is a department store of an entity.