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Brut [27]
2 years ago
13

Keynes believed that the government should ________ to get the economy out of recession:

Business
1 answer:
otez555 [7]2 years ago
6 0

Keynes believed that the government should increase spending to get the economy out of recession.

In order to create jobs and also to boost consumers buying power during a recession, Keynes in his theory for economics  held that governments should increase spending in the economy , even if it means going into debt also.

Keynesian economics defines that the  demand for any product drives supply of that product and such of the healthy economies spend as well as invest more amount than the amount which they save.

However most of the critics attack Keynesian economics for just promoting deficit spending or  stifling private investment, as well as causing inflation.

To know more about Keynes economics here:

brainly.com/question/11033570

#SPJ4

You might be interested in
The Federal Reserve uses various measures to change the money supply and encourage economic activity. This is referred to as
Flauer [41]

Answer:

B) monetary policy.

Explanation:

The federal reserve is a central bank and whenever a central bank uses various measures to change the quantity of money or money supply it is regarded as monetary policy. The fed can change money supply by changing interest rates or quantitative easing and all of this comes under monetary policy.

5 0
3 years ago
Read 2 more answers
BMW’s vehicle-assembly facility in South Carolina represents a direct investment inside the United States by the German manufact
Alika [10]

Answer:

Foreign direct investment.

Explanation:

BMW’s vehicle-assembly facility in South Carolina represents a direct investment inside the United States by the German manufacturer. This facility is an example of foreign direct investment.

A foreign direct investment (FDI) can be defined as an investment made by an individual or business entity (investor) into an investment market (industry) located in another country. The investor here, shares a different country of origin from the country where his investment is located.

In a foreign direct investment (FDI), an investor must establish his business, factory and operations in a foreign country or acquire assets in a business that is being operated in a foreign country.

Additionally, foreign direct investment (FDI) are categorized into three (3) main types and these are;

1. Vertical FDI: it involves establishing a different business that is however similar to the main business owned by the investor.

2. Horizontal FDI: it involves establishing the same type of business in a foreign country as owned in the investor's country.

3. Conglomerate FDI: it involves establishing a business that is completely different in another (foreign) country.

5 0
3 years ago
Peyton’s Palace has net income of $15 million on sales revenue of $130 million. Total assets were $96 million at the beginning o
Lelechka [254]

Answer:

See below

Explanation:

1. Returns on assets

= Annual net income ÷ Average total assets

Average total assets = beginning asset + ending assets ÷ 2

= ($80 million + $88 million) ÷ 2

= $84 miiliom

Return on assets = $13.4 million ÷ $84 million

Return on assets = $159.52

2. Profit margin

= Net income ÷ Net sales

= $13.4 million ÷ $114 million

= 11.75%

3. Assets turnover ratio

= Net sales ÷ Average total assets.

Recall Average total assets = $84 million

Average turnover ratio

= $114 million ÷ $84 million

= 1.36 times

5 0
3 years ago
During her presentation to a prospective customer,Lea informed him about the new wallboard's superiority.She also brought a samp
snow_lady [41]

Answer:

A, multiple-sense approach

Explanation:

Multiple- sense approach can be simply defined as a marketing style that makes a product appeal to a consumer's sense of reasoning.

By multiple-sense or multi sense for short, Lea was able to involve the customer as well as the contractor on the project. This was to ensure the buyer understands and also by giving the contractor a feel of the product so as to be able to further convince the consumer.

Cheers..

4 0
3 years ago
Which of the following statements reflects why sunk costs are irrelevant? (Check all that apply.) The statement is not true – so
Nataly [62]

Answer:

Some costs have been incurred already, and therefore do not change across alternatives in some current or future decision.

Explanation:

Sunk costs are <u>costs that have already been incurred by a business and cannot be recovered</u>. For this reason, they are irrelevant to current and future business decisions.

For example, an organization purchases a piece of equipment for $10,000 and discovers that additional parts need to be purchased for $1,000. The $10,000 is a sunk cost because it cannot be recovered.

8 0
3 years ago
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