It encourages spending, which increases other kinds of tax.
<u>Explanation:</u>
Increasing the minimum wages increases the standard of people from the poverty line. It not only increases the welfare but also increases the spending among the people. But raising the wages also creates a negative effect causing inflation and higher costs for the business. This would decrease the profit of the firm.
The spending profile of employees helps us to access how they spend their extra earned money on purchasing things which is acquired by the government in the form of taxes. The combination of these direct and indirect effects results in lower economic activity.
Answer: The answer would be C if not then its A
Explanation:
Answer:
c.it presented new keys to understanding Christianity
Explanation:
Calvin’s Institutes of the Christian Religion differ from the teachings of Luther because "it presented new keys to understanding Christianity."
This is evident in the fact that unlike Luther and most Christian doctrine at the time who believed in acquiring salvation through faith, John Calvin concluded that salvation is a matter of predestination and it's designed for some people only.
Hence, in this case, the correct answer is option C "it presented new keys to understanding Christianity."
