A Change in Autonomous Taxes _ _ a Multiplier Effect

question 264

Multiple Choice

A change in autonomous taxes _ _ a multiplier effect because it which, in turn,
Consumption expenditure.

• A) cannot create; cannot change investment; cannot change
• B) cannot create; does not affect disposable income; cannot change
• C) creates; changes investment; changes
• D) creates; changes disposable income; changes

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Definitions:

Subrogation

A legal principle allowing an entity, such as an insurance company, to step into the shoes of another party to pursue recovery from the party responsible for a loss or damage.

Indemnity

A contractual obligation of one party to compensate the loss occurred to the other party due to the acts of the indemnitor or any other party.

Insurance Contracts

Legal agreements between an insurer and the insured, in which the insurer agrees to compensate the insured for loss of property, life, or health, under specified conditions.

Wagering

The act of betting or gambling money on an outcome that is largely subject to chance.