Answer: $0; $0
Explanation:
New classical economists believe that any fiscal policy that the government embarks on is ineffective on the goods demanded by people.
If the government reduces taxes, Crystal (according to the New classical) will believe that the government will raise taxes in future to make up for the shortfall so she will send the $2,500 to savings so she can be able to pay off the future taxes.
If the government increases spending, Crystal will believe that this will be financed by future tax increases so she will still save the money to pay off future taxes.
Answer:
Poverty & Hunger
Explanation:
Hi there,
Poverty and hunger are widespread problems that have existed for a large portion of human history. Even before the pandemic, people were already struggling to feed their families and in some cases, starving. This problem is very widespread and even occurs in countries that are considered "developed".
This is just a suggestion! There can be other answers that are just as correct.
Hope this answer helps. Cheers.
A withholding you might see on your pay stub can include a retirement savings or a health insurance payment.
Answer:
the purchasing power of money to decrease.
Explanation:
Inflation, in economic terms, refers to the rise in the price of the goods and services for a certain period of time. The value of money is decreased.
With the commencement of Inflation, the purchasing power of the money falls. With the rise in the price, the monetary value of the money decreases which leads to purchase fewer goods and services.
What do you need help with? What's due soon?