What effect will increase in tax have on consumer spending? Lower income tax rates increase the spending power of consumers and can increase aggregate demand, leading to higher economic growth (and possibly inflation). Do taxes decrease consumer spending? The estimated coefficient of direct tax revenue shows that 1% increases in direct tax revenue decreases the […]
How much did the US spend on military in 2020?
How much did the US spend on military in 2020? Estimated U.S. military spending is $934 billion. It covers the period October 1, 2020, through September 30, 2021. 1 Military spending is the second-largest item in the federal budget after Social Security. This figure is more than the $705 billion outlined by the Department of […]
What was the primary purpose of the FCPA quizlet?
What was the primary purpose of the FCPA quizlet? The Foreign Corrupt Practices Act prohibits foreign officials from entering the U.S. to conduct illegal business. The FCPA prohibits payments to foreign officials to corruptly influence an official act or decision or to influence a foreign government. The primary purpose of criminal law is to compensate […]
Is the reign of Alexander the Great is referred to as the Hellenistic era?
Is the reign of Alexander the Great is referred to as the Hellenistic era? This Macedonian king loved Greek culture and planned to conquer Persia. Why did Alexander the Great’s empire fall apart after his death? The reign of Alexander the Great is referred to as “the Hellenistic Era.” What three dynasties emerged following the […]
What is Cloward and Ohlin theory?
What is Cloward and Ohlin theory? According to Cloward and Ohlin, young people turn to delinquency when they have been boxed out of more legitimate opportunities. An example is when working class young people cannot find a good paying job or achieve middle class status, and they turn to delinquency in an effort to create […]
Which three major kingdoms rise in the early mediaeval period?
Which three major kingdoms rise in the early mediaeval period? For a period that has come to be so strongly associated with the Islamic influence and rule in India, Medieval Indian history went for almost three whole centuries under the so-called indigenous rulers, that included the Chalukyas, the Pallavas, the Pandyas, the Rashtrakutas, the Muslims […]
What is a general term for raw material or natural resources that can be bought and sold?
What does race mean in art?
What does race mean in art? Race is the classification of humans into groups based on physical traits, ancestry, genetics or social relations, or the relations between them. The concept of race has been used to categorise humans along the lines of shared characteristics in order to understand human difference. How does art influence history? […]
When thinking at the margin one should consider?
When thinking at the margin one should consider? This decision-making process is sometimes called cost/benefit analysis or marginal analysis. Deciding by thinking at the margin is just like making any other decision. One must compare the opportunity costs and the benefits—what you will sacrifice and what you will gain. What does it mean to make […]
Which of the following correctly associates both changes in heat energy with changes in states of matter?
Which of the following correctly associates both changes in heat energy with changes in states of matter? Which of the following correctly associates both changes in heat energy with changes in states of matter? Boiling and Evaporation are both types of vaporization. Boiling involves a liquid changing to a gas, while evaporation involves a gas […]