All categories

2 years ago

Automatic stablizers quizlet work well because there are no policy lag problems in influencing real GDP.

Business

1 answer:

boyakko [2]2 years ago

3 0

The Right Response is Option B which States that :-

During normal times, discretionary fiscal policy (b) is probably not very effective in influencing real GDP due to time lags.

<h3><u>What is discretionary fiscal policy and its 2 tools?</u></h3>

Discretionary policy is an economic policy based on the ad hoc judgment of policymakers as opposed to policy set by predetermined rules

Two tools are used in discretionary fiscal policy. They are the tax code and the budgeting procedure. The U.S. budget's discretionary spending is the first instrument. Each year, Congress decides this kind of expenditure through appropriations bills. The military budget is the biggest. Spending that is not required by law is also included in discretionary spending.

The tax code is the second instrument. It consists of excise taxes and taxes on imports, business earnings, and worker income. The tax code can only be changed by Congress. New legislation must be passed in order for Congress to make changes to the tax code. To change how laws and regulations are enforced, he can give the Internal Revenue Service instructions.

To know more about discretionary fiscal policy, check the links

brainly.com/question/27961851

brainly.com/question/27936770

#SPJ4

Correct question - During normal times, discretionary fiscal policy

A) is more effective in influencing real GDP than at times of a recession.

B) is probably not very effective in influencing real GDP due to time lags.

C) is more effective in influencing real GDP than automatic stabilizers.

D) works well because there are no lag problems in influencing real GDP.

You might be interested in

Which of the following statements about franchising is not true?

Natali [406]

The franchaiser may supply financing

3 0

3 years ago

Fill in the blanks with words that would best complete the passage.avoidance, contractual, abeyance, indemnification, principal,

Mama L [17]

Answer:

Constructive trust, contractual,

principal, constructive trust, avoidance,

indemnification

Explanation:

Constructive trust is a fair remedy imposed by a court to benefit a party that has been wrongfully deprived of its rights due to a breach of fiduciary duty.

For misrepresentation, negligence, deceit, libel, slander or trespass by an agent contractual remedies may be applied such as; award of damages, restitution, or specific Performance.

The agency relationship is an arrangement in which one entity (the principal) legally appoints another (the agent) to act on its behalf, so anything that the agent obtains by virtue of the agency relationship belongs to the principal.

A constructive trust is imposed by a court If an agent breaches his or her fiduciary duty to the agent by retaining benefits or profits that belong to the principal. It would be Implied that the agent held the thing on the principal’s behalf.

Avoidance here implies that a principal can avoid or stay away from the contract.

Indemnification sometimes mandates an agent to indemnify (compensate, protect) the principal from the damages.

7 0

3 years ago

In a Grignard reagent, the bond between carbon and magnesium atoms is covalent, but highly polarized. Select the appropriate wor

Hitman42 [59]

Answer:

Carbanion , strong base, nucleophile

Explanation:

The Grignard’s carbon atom has a negative charge that means it is a carbanion.

In Grignard reagents, the carbon reacts as it is a powerful base and reacts with acidic hydrogen (like alcohol, etc.)

They are good nucleophiles and react with carbonyl compounds due to the attraction between partial negative charge of Grignard’s carbon atom and positive charge of carbon of carbonyl compound.

3 0

4 years ago

LCD Industries purchased a supply of electronic components from Entel Corporation on November 1, 2016. In payment for the $25.0

deff fn [24]

Answer:

We will use the following equations for this problem

a. (Initial cost Estimated output) × Actual yearly output

b. (Depreciable cost Yearly output) × Estimated output

c. Depreciable cost Yearly output

d. (Depreciable cost Estimated output) × Actual yearly output

8 0

3 years ago

Personal selling can take place in all situations except when

olasank [31]

Answer:

Through the newspaper ads.

Explanation:

Personal selling is one of the ways of selling of products by various businesses where the seller and the customers come in direct contact or face to face in order to discuss the features, benefits, and worthiness of any product that the seller is interested in selling This can be done through direct face to face interaction, on telephones, through video conferencing, and also on the internet but not through newspaper ads.

8 0

4 years ago