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Sloan [31]
1 year ago
11

suppose that the economy enters a boom and becomes overheated. if the fed pursues countercyclical monetary policy but overreacts

, this causes output in the short-run to go
Business
1 answer:
Lena [83]1 year ago
8 0

Counter-cyclical fiscal measures are policy measures which counteract the effects of the economic cycle.

What is economic cycle.?

The four cyclical stages of the economy—expansion, peak, contraction, and trough—are collectively referred to as an economic cycle. The stage of the economic cycle we are in at the moment can be determined by variables like GDP, interest rates, total employment, and consumer spending.

Fiscal policy actions that counteract the effects of the economic cycle are known as countercyclical fiscal measures. When the economy is slowing, for instance, countercyclical fiscal policy actions might include raising spending on the government or lowering taxes to encourage economic recovery.

To learn more about economic cycle. visit:brainly.com/question/1253307

#SPJ4

You might be interested in
The point on the business cycle where real GDP reaches its highest level is known as the________.
Alex73 [517]
The choices can be found elsewhere and as follows:

<span>a) Summit
b) Appogee
c) Peak
d) Maximoid 
</span>
I believe the correct answer is option D. The point on the business cycle where real GDP reaches its highest level is known as the Maximoid. Hope this answers the question. Have a nice day.
8 0
3 years ago
What is management and leadership​
murzikaleks [220]

Answer:

Management consists of controlling a group or a set of entities to accomplish a goal. Leadership refers to an individual's ability to influence, motivate, and enable others to contribute toward organizational success. Influence and inspiration separate leaders from managers, not power and control.

Explanation:

Hope this helps...

8 0
2 years ago
Read 2 more answers
The price system is an important component of the market because it
WINSTONCH [101]

The price system is an important component of the market because it  coordinates the activities of producers, consumers, and owners of resources.

The answer to this question is option c. In economics the price system can simply be described as the way of organizing economic activities.

In order to do this, it coordinates the decisions of the buyers, the suppliers or the producers, and the owners of productive resources.

Read more on brainly.com/question/13497344?referrer=searchResults

6 0
3 years ago
Kay’s dog-walking service is a profit-maximizing, competitive firm. Kay walks dogs for $7.50 each. Her total cost each day is $4
devlian [24]

Answer:

Because he is able to cover the variable cots, he should keep going in the short run. He must increase the number of walks to cover the fixed costs.

Explanation:

Giving the following information:

Kay walks dogs for $7.50 each. Her total cost each day is $45—she spends $35 a day on gas driving to different neighborhoods, and her liability insurance and other fixed costs average out to $10 per day.

Kay walks five dogs a day.

Income= 7.5*5= $37.5

Total cost= 45

Loss= (7.5)

Because he is able to cover the variable cots, he should keep going in the short run. He must increase the number of walks to cover the fixed costs.

6 0
2 years ago
When considering whether to have a new roof installed on a building, the money spent previously on roof repairs to the old roof
Whitepunk [10]

Answer: b. False

Explanation:

3 0
3 years ago
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