Answer:
a. low foreign saving rates.
Explanation:
As foreing countries saving rates are lower than US after conidering inflation and risk premium; people from abroad prefers to invest in the US than in their native country as feel it more safe and more prosperus also, they can yield better return in US dollars as their countries are exposed to decreases in the exchange-rates
The correct option is C.
The Taft Hartley Act is a United States federal law which limits the activities and powers of labour unions. The Act was enacted in 1947 and it prohibits some union practices, it also requires improvement in union disclosure of political and financial dealings. <span />
Answer: a) -A tax cut
-Additional spending on national park facilities
b) Expansionary fiscal policy
Explanation:
Fiscal Policy refers to how the government of a country is using it's spending and taxes to influence Economic conditions on a Macro level.
The keywords for this question are TAXES and SPENDING.
The means that a Discretionary FISCAL policy includes Taxes and Spending.
Now the way to close the Recessionary gap that is opening is to put more money into the Economy. The Government can do this by REDUCING TAXES which will means people have more money to spend and ADDITIONAL SPENDING on NATIONAL PARK FACILITIES as this means that the government is pumping more money into the Economy.
The discretionary fiscal policy needed to bring the economy closer to potential output is an example of an EXPANSIONARY FISCAL POLICY.
This is where the Government aims to put more money into the economy so that growth can be acheived and they do this by lowering taxes and increasing spending either singularly or simultaneously.
Answer:
The quadrilateral is drawn above
