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olchik [2.2K]
3 years ago
10

When the government levies a $100 million tax on people's income and puts the $100 million back into the economy in the form of

a spending program, such as new interstate highway construction, the: Group of answer choices
A. tax, then, generates a $100 million decline in real GDP.

B. level of real GDP expands by $100 million.

C. effect on real GDP is uncertain.

D. tax multiplier overpowers the income multiplier, triggering a rollback in real GDP.
Business
1 answer:
Nana76 [90]3 years ago
5 0

Answer and Explanation:

D. tax multiplier overpowers the income multiplier, triggering a rollback in real GDP.

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Firlakuza [10]

I think it is product

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A south sea island produces only coconuts. In 2010, the price of a coconut is $1.50 and the quantity produced is 300. In 2012, t
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1.50*300=$450
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8 0
3 years ago
Jerry is a 30 percent partner in the JJM Partnership when he sells his entire interest to Lucia for $82,750 cash. At the time of
Scrat [10]

Answer:

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Explanation:

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6 0
3 years ago
What strategy did president roosevelt use to restore america's confidence in government and the private banking system?
Klio2033 [76]

The strategy used by president Roosevelt to restore America's confidence in government and the private banking system was that, he reassured fireside talks on the radio.

Roosevelt fought to expand the role of the federal government in the nation's economy, and also embraced Keynesian economic policies. He also implemented a series of projects and programs called the New Deal to stabilize the economy.

Roosevelt called his radio talks about issues of public concern as fireside talks. These talks made Americans feel as if President Roosevelt was talking directly to them. He continued to use fireside talks throughout his presidency to address the fears and concerns of the Americans

Hence, these talks gave confidence to the American people to overcome their fears.

To learn more about Roosevelt here:

brainly.com/question/1000563

#SPJ4

5 0
1 year ago
Lincoln electric believes in a highly motivated and highly skilled workforce. they choose to pay their employees based on produc
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They use a <span>Straight Piecework Plan </span>as an incentive to their employees.
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6 0
3 years ago
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