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MrMuchimi
3 years ago
9

Clinton and Trump on fiscal policy In the 2016 Presidential election​ campaign, both Hillary Clinton and Donald Trump committed

to big government infrastructure spending and tax cuts. ​Source: The Wall Street Journal​, July​ 27, 2016 Consider an increase in infrastructure spending and a tax cut of the same magnitude. What policy will change aggregate demand the​ most: an increase in infrastructure spending or a cut in​ taxes?
Business
1 answer:
Marrrta [24]3 years ago
6 0

Answer:

Clinton and Trump on fiscal policy In the 2016 Presidential election​ campaign

The policy that will change aggregate demand (AD) the most is a cut in taxes.

Explanation:

Aggregate demand is fueled mostly by household consumption.  A cut in taxes increases the marginal propensity to consume (MPC) and reduces the marginal propensity to save (MPS), but at the same time fuels the marginal propensity to invest by firms trying to meet the new aggregate demand, thereby increasing the aggregate supply (AS) which is the real GDP output.

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3 years ago
A 23-year-old ticket agent is brought in by her husband because he is concerned about her recent behavior. He states that for th
aleksandr82 [10.1K]

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b

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3 years ago
2014 ending inventory was overstated by $25,000, but it was too late to correct the financial statements. Which of the following
expeople1 [14]

Answer:

C. Net income and stockholders' equity are both overstated.

Explanation:

In the income statement , ending inventory is deducted from the addition of the beginning inventory and net purchases to arrive at the cost of goods sold. Therefore, the cost of goods can be stated as an equation stated as follows:

Cost of goods sold = Beginning inventory + Net purchases - Ending inventory

From the above equation, it can be observed that if the ending inventory is overstated, cost of goods sold will be understated by that amount.

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Since net income is one of the components of the stockholders' equity, an overstated net income will leads to an overstated stockholders' equity.

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4 0
3 years ago
Stuart works on an auto assembly line. Last year he was responsible for welding the upper panel of the wheel well onto the left
Ronch [10]

Answer:

d, job enlargement

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From the above question, Stuart used to weld just the upper panel area of the wheel to the left rear wheel. Now, by jo enlargement, Stuart now has the welding of every part of the entire left wheel area of the vehicle.

I hope this helps.

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3 years ago
The passage of the pieces of legislation in this list resulted in -- A) the regulation of cabinet-level agencies B) federal guar
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These expenditure is always captured in the piece of legislations and are always there to guide the government. A number of things must be captured in the legislation and the government expenditure is on of them.

Learn more about Government Expenditure here:

brainly.com/question/3652550

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2 years ago
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