Answer:
Explanation: There is a high possibility that the rise in taxes will negate the impact of rising government spending which would leave Aggregate Demand (AD) unchanged. However, it is possible that increased spending and rise in tax could lead to an increase in GDP.
In a recession, consumers may reduce spending leading to an increase in private sector saving. Therefore a rise in taxes may not reduce spending as much as usual.
The increased government spending may create a multiplier effect. If the government spending causes the unemployed to gain jobs then they will have more income to spend leading to a further increase in aggregate demand. In these situations of spare capacity in the economy, the government spending may cause a bigger final increase in GDP than the initial injection.
However, if the economy is at full capacity, the increase in government spending would tend to crowd out the private sector leading to no net increase in Aggregate demand from switching from private sector spending to government sector spending.
Answer:
The most important legislative power that the President is given by the constitution is the Veto.
Explanation:
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Answer: submitting the first draft of the federal budget to Congress
Explanation:
The 1921 Budget and Accounting Act gave the president the power to make the first bid by proposing to Congress the budget for the next fiscal year.
<span>Marlow begins to realise many things about himself. I think that one of the larger themes is that he sympathises not with the white colonial oppressors but rather with the black "savages" that are oppressed. Indeed, Marlow begins to see the "white" souls of the black people and the "black" souls of the whites who exploit them; the heart of darkness lies within his own kind. Although Marlow is a product of the 19th century European colonialism, he </span>