Suppose the government increases spending on public education by $700 million and individual spending on private education drops by $500 million. this is an example of incomplete crowding out.
<h3>What occurs when government spending rises?</h3>
- Greater government spending, according to Keynesian economics, improves aggregate demand and consumption, which results in increased production and a quicker exit from recessions.
- Long-term economic growth is lowered when the size of government is steadily increased.
- Spending by the government distorts incentives, lowering output and efficiency.
- These assertions are supported by academic research and supported by relevant economic statistics.
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Answer:
so you have to get a budget plan ,figure out what your small business name is
Explanation:
Sole proprietorship is owned by one person. Why LLC is a business structure that can combine the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation
Answer:bbbb
$2,600
Explanation:
$2,200 withheld from her wages for state income taxes during 2018 + The $400 she paid as an additional taxes for her 2017 state tax return.
$2,200 + $400 =$ 2,600
Answer:
A. Output is being produced at minimum cost- is correct
Explanation:
When an isocost line is tangent to an isoquant cost is being minimized
