A government expenditure multiplier is larger than the tax multiplier.
<h3>What is
tax multiplier?</h3>
The fiscal multiplier is the ratio of change in national income caused by a change in government spending in economics. The exogenous spending multiplier, in general, is the ratio of change in national revenue caused by any autonomous change in spending.
The tax multiplier is used to calculate the maximum change in spending when the government raises or lowers taxes. This multiplier's formula is -MPC/MPS. Tax multipliers are always fewer than spending multipliers.
The tax multiplier indicates the eventual rise in real GDP that will occur as a result of a tax adjustment. Surprisingly, the tax multiplier is always one less than the spending multiplier.
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Answer:
primative stage is called stone age . it is oldest stage.people run here and there for food.
modern age is called age of civilization.it is present age.people live permanently in this stage.
Explanation:
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The media can often intensify public opinion
the media can completely shape the public opinion of a new issue<span />
Answer:
Susan makes a deposit at a bank and the bank uses this money to make an auto loan to Ferguson.
Explanation:
Financial intermediary is the individual or an institution which serves as the middleman among the diverse parties which are different in order to ease or facilitate the financial transactions. Commercial banks, stockbrokers are few examples.
Out of the given options, the correct option which represents the example of financial intermediary is Option C. As mentioned above, banks are example of financial intermediary where it takes money from Susan as her/his deposits and generates a auto loan to the Ferguson.
Answer:
(a) We are morally required to save many lives at the expense of one life.
Explanation:
The Trolley Problem which was redifned by Phillipa Foot, an English PPhilosopher, in 1967 explain the ethical dilemma, where by, the main problem of this ethical philosophy deals about whether to:
1. Do nothing and allow the trolley to kill the five people on the main track.
2. Pull the lever, diverting the trolley onto the side track where it will kill one person.
Hence, in this case, should Alf concludes that in the Trolley Problem the agent is morally required to pull the lever and divert the trolley, which will means, that, the Trolley will kill ONE person instead of FIVE. This implied that, Alf has concluded that "We are morally required to save many lives at the expense of one life."
