Answer:
Tax cuts boost demand by increasing disposable income and by encouraging businesses to hire and invest more.
Tax increases do the reverse. These demand effects can be substantial when the economy is weak but smaller when it is operating near capacity.
Explanation:
How do taxes affect the economy in the long run? High marginal tax rates can discourage work, saving, investment, and innovation, while specific tax preferences can affect the allocation of economic resources. But tax cuts can also slow long-run economic growth by increasing deficits
Answer:
selective optimization with compensation theory
Explanation:
This theory by Baltes(1990) in symbolic interaction perspective suggests that as individuals get older they seem to try to get the best results from the most little efforts. In other words, an older elderly person with physical limitations seeks to optimize his gains as much as possible while putting as much little effort as is possible(within his physical ability) to compensate for other losses or range of goals that may not have been accomplished.
The answer is: Disadvantaged people
Rugged individualism refers to the belief that all individuals have the ability to succeed regardless of the personal situation that they experience. The liberals tend to had that some people are disadvantaged and cannot achieve success like every one else.
Today's technologies<span> allow us to </span>explore the ocean<span> in increasingly </span>
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