There are multiple, but the main one would be income tax, because the government will take money from your paycheck, which is money you earn, hope this helps!
Answer:
Correct option is (A)
Explanation:
Given:
Percentage change in price = 10%
Decrease in quantity demanded in terms of percentage = -15%
Price elasticity of demand measures the proportional change in quantity demanded due to proportional change in price. It is given by the following formula:
Price elasticity of demand = % change in quantity demanded / % change in price.
= -15% / 10%
= -1.5
A negative coefficient of price elasticity goes with the law of demand that states that increase in prices lead to decrease in quantity demanded.
The global and national economic indicaters. For example stability amd law and order. If the conditions for business are less suitable,people will not invest. That means there will be less money available. To utilize the unused funds, the central bank may lower the interest rate to make borrowing easier and savings difficult
Answer:
The correct answer is option d.
Explanation:
When there is an increase in the government expenditures, the income in the economy will increase. As a result, the demand will increase. The increase in demand will increase the price level.
The suppliers will produce more. To increase output more capital investment will be required. This will further cause an increase in the demand of loan-able funds. So, the interest rate will increase as well.
With the increase in interest rates, the cost of borrowing will increase. This will lead to lesser capital investment and as a result the aggregate demand will be smaller, because of lower production and thus lower income.
