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2 years ago

Policy involves government changes to spending or taxation to affect the economy.

Business

1 answer:

Katarina [22]2 years ago

6 0

Fiscal policy involves government changes to spending or taxation to affect the economy.

<h3>What is meant by fiscal policy?</h3>

This is the use of government tools such as taxes or expenditure in the stimulation of a given economy. The use of fiscal tools could be either for a contractionary government policy or it could be expansionary in nature.

Contractionary means the raise in taxes and the decrease in government spending. The expansionary policy is the opposite of this. Hence we have to say that Fiscal policy involves government changes to spending or taxation to affect the economy.

Read more on Fiscal policy here: brainly.com/question/6583917

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____ describes the average level of ability, experience, personality, or any other factor on a team. A.Team diversity B.Group sy

Masja [62]

The answer would be C .Team Level

Here are some factors that will positively influence team level :
- More Experience
- More Experts in their field
- A hardworking and Positive personalities

Teams with higher level will be more likely to have more capabilities to face wide variety of difficult problems

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4 years ago

If country A exports $10 billion worth of goods to country B and imports $8 billion worth of goods from country B, then country

Nostrana [21]

If country A exports $10 billion worth of goods to country B and imports $8 billion worth of goods from country B, then country A has a(n): $2 billion trade surplus with country B.

<h3>What is long run market in business?</h3>

When a country exports more than it imports, it is said that the country has a trade surplus. On the other hand, when a country imports more than it exports, it is said that the country has a trade deficit.

The term "long run" refers to a time frame during which all cost and production elements are movable. A business will eventually look for the production technology that will enable it to produce the necessary level of output for the least amount of money.

The long run is a theoretical concept in economics where all markets are in equilibrium, all prices have fully adjusted, and all quantities are in equilibrium. The short-run, where there are certain restrictions and markets are not completely in equilibrium, contrasts with the long-run.

To know more about long run market, refer:

brainly.com/question/14145469

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2 years ago

Parul Janta has just begun to understand French culture, even though she has lived in France for two years. She is nearly fluent

Bess [88]

Answer:

Acculturation.

Explanation:

Acculturation is basically the process of adjusting to a new social, psychological and cultural change. It is simply the transfer of values and custom from one place to another.

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3 years ago

The type of layout where similar activities are grouped together in departments or work centers according to the function they p

Mama L [17]

Answer: process layout

Explanation:

Process layouts has to do with the grouping of resources based on their similarity in processes.

It is the type of layout where similar activities are grouped together in departments or work centers according to the function they perform.

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4 years ago

Indicate how an increase in tastes for apples will affect the equilibrium price and the equilibrium quantity in the market for a

Rudiy27

Answer: Option (a) is correct.

Explanation:

Tastes and preferences are the determinants of demand. Any change in the tastes and preferences will lead to shift the demand curve of a market. Therefore, an increase in the tastes for apples means that demand is favorable for the apple market, as a result demand curve shifts rightwards.

Hence, both equilibrium price and equilibrium quantity in the market for apples increases.

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3 years ago