All categories

2 years ago

In the long run, most economists agree that a permanent increase in government spending leads to_________.

1 answer:

6 0

In the long run, most economists agree that a permanent increase in government spending leads to <u>complete</u>.

Fiscal policy refers to the use of government spending and revenue collection (taxes or tax cuts) to affect a nation's economy. The 1930s Great Depression made the prior laissez-faire approach to economic management impractical, which led to the development of the use of government revenue expenditures to affect macroeconomic variables.

The British economist John Maynard Keynes' Keynesian economics, which postulated that changes in the amount of government spending and taxation have an impact on aggregate demand and the level of economic activity, serve as the foundation for fiscal policy.

A nation's government and central bank primarily employ fiscal and monetary policy to further its economic goals. These authorities can target inflation thanks to the combination of these strategies.

To learn more about Fiscal Policy here

brainly.com/question/27250647

#SPJ4

You might be interested in

Rearrange the letters

Illusion [34]

Answer:

Jesus loves you have a blessed day!

Explanation:

6 0

2 years ago

Basic to setting a product's price is the extent of __________. this information is used in estimating the revenues the firm exp

kifflom [539]

Supply and demand generally dictates the beginnings of pricing a product. Your targeted market, ability to serve them with a good product, the convenience to access your product. Credentials of the firm.

8 0

3 years ago

When using ABC, costs can be gathered at different levels. These levels are all of the following except:_________.

Aleksandr [31]

Answer:

B. Journal entry-level

Explanation:

When using ABC, costs can be gathered at different levels. These levels are all of the following except "journal entry-level".

Therefore, costs can be gathered in Unit-level, Batch-level, Factory-level and even Product level.

Activity-Based Costing (ABC) is actually a costing method which tends to identify the activities that are carried out in organization and gives the costs of each activity to the products and services by what they actually consume.

3 0

3 years ago

Mars Inc., a San Diego–based advertising agency, offers various services, such as sales promotion, marketing research, package d

I am Lyosha [343]

Answer:

B. full-service agency.

Explanation:

Full service advertising agency has the ability to handle all marketing process of a company. Starting from the creation of the product until the product is received by customers.

One thing that differentiate full-service agency and normal advertising agency is their involvement in the production process. Normal advertising agency do not involved in the production process.

Full-Service agency on the other hand, involved from the planning, production, and the communication process with the public. They will ensure that the production look goods in term of aesthetic, making sure that the public perception toward the product is effective, and they will also provide customer service to establish positive relationship with the cusotmers.

8 0

3 years ago

Bioclean Co., a merchandiser, sells a biodegradable cleaning product and has predicted the following sales for the first four mo

Zanzabum

Answer:

2,060 units

Explanation:

As we know thestock policy of the firm is the ending inventory for each month should be the 30 % of the next month's sales

In the case of february, following this policy:

Starting inventory: is the same of ending inventory of the previous month: 0,3*2,000 (February´s sales) units= 600 units.
Ending inventory= 0,3*2,200 (March´s sales) units= 660 units

Also, Ending Inventory (EI) is the result of the sum of Starting Inventory (SI) and February Purchases (P) minus February Sales (S)

EI= SI+P-S

We want to know P ( units Purchased), so:

P= EI-SI+S= 660-600+2,000=2060 units

8 0

3 years ago