1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
iogann1982 [59]
3 years ago
11

If the tax multiplier is 1. 5 and a $200 billion tax increase is implemented, what is the change in gdp, holding all else consta

nt? (assume the price level stays constant. ).
Business
1 answer:
larisa86 [58]3 years ago
5 0

Based on the information given  the change in GDP, holding all else constant is a $300 billion increase in GDP.

Using this formula

Change in GDP=Tax increase× Tax multiplier

Where:

Tax increase=$200 billion

Tax multiplier=1.5

Let plug in the formula

Change in GDP=$200 billion×1.5

Change in GDP=$300 billion increase

Inconclusion the change in GDP, holding all else constant is a $300 billion increase in GDP.

Learn more here:brainly.com/question/9991208

You might be interested in
LO 1.4What led to the United States Congress passing the public accounting reform act called Sarbanes-Oxley?
anzhelika [568]

Answer:

is cuuwuwhusgs hsgsvsy sushi sbs

6 0
3 years ago
The pursuit and accumulation of wealth is a core feature of the modern world. Yet throughout history man has expressed criticism
Scilla [17]

Answer:

As discussed below.

Explanation:

  • The pursuit and accumulation of wealth is no doubt a core feature of the modern world, as man does business for-profit motives and the formation of certain organizations and companies like the global, international, transnational and multinationals.  
  • Thus has also been criticized as each and every investment has various risks associated with it.  
  • The fact there exists some cautions and concerns about the accumulation of private property, privately owned lands and the space that they gather for the single individual as the case of various frauds and fugitives openly roaming in the market causing loss or dissolution of a financial asset of the government.
4 0
3 years ago
Glinda goes to the supermarket for her monthly grocery shopping. As she waits in the line at the cash register, she sees her fav
ycow [4]

Answer:

<em><u>Convenience products.</u></em>

Explanation:

Convenience products are those goods or services that are purchased by the consumer with high frequency without comparison criteria or high purchasing efforts. These products are widely distributed so that the consumer has the availability of purchase at any time. Examples include magazines, fast food, detergents and beverages.

Some of its features are:

  • Low price,
  • Classified as non-durable goods,
  • High frequency of replacement at points of sale,
  • Easy replacement products
7 0
3 years ago
The unemployment due to changes in the types of skills employers require is called
Rzqust [24]
Answer: "structural unemployment".
_______________________________________
6 0
3 years ago
Read 2 more answers
A builder only has a few properties available in a development. He feels that it is no longer necessary to have his onsite sales
USPshnik [31]

Answer:

An open listing

Explanation:

In real estate an open listing is one in which the owner of a property contracts more than one agent to sell the property. The agent with the winning bid will eventually sell the property.

The opposite of this is the exclusive listing where the property owner only engages one agent to sell the property.

In the given scenario the builder feels that it is no longer necessary to have his onsite sales agent market these properties and decides to list the properties with a local brokerage firm. Thereby allowing all of the local firms to market these properties.

This is an open listing

5 0
3 years ago
Other questions:
  • When kam, a marketing manager, drafts an email to communicate to his sales team the targets for the upcoming months, he is engag
    15·1 answer
  • The​ bring your own​ device phenomenon has raised​ _____________ concerns for companies.
    6·1 answer
  • On January 1, 2019, Brooks, Inc., borrows $90,000 from a bank to purchase machinery. Brooks signs a 5 percent installment note r
    10·1 answer
  • you are the manager of a hamburger joint with a marginal cost of $6.00 per hamburger. The hamburger joint is a local monopoly ne
    14·1 answer
  • Can someone please help me do a document i beg anyone ​
    11·1 answer
  • During modeling of the CRISP-DM method, we would ______. a. ​clarify business goals for the data mining project b. ​assess if th
    6·1 answer
  • Carson beck works at the local worst buy shop. as a full-time student at the local university, he is being paid an hourly rate o
    10·1 answer
  • A manufacturing company that produces a single product has provided the following data concerning its most recent month of opera
    7·1 answer
  • What services does the Purdue University Online Writing Lab (OWL) offer?
    8·1 answer
  • Which financing is also known as “risk capital”?
    12·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!