If an economy is experiencing inflation, aggregate demand is above full-employment and the government will increase spending and decrease taxes.
Answer: Option B
<u>Explanation:</u>
The inflationary gap occurs when total demand is greater than the level of the outcome at full employment. Therefore, inflationary gap is the estimation of the excess amount of total demand over total supply at full employment. The hike in the amount of discretionary income for both consumers and business results from the government’s expansionary fiscal policy.
When government or pivotal authority slit taxes the investment for capital improvement, new hiring or employee’s payment reimbursement is processed by businesses and consumers may spend more for buying goods. The government can also encourage economy by investing in infrastructure projects. Such actions can result in a price hike due to the high demand for goods and services.
<h3><em><u>Definition of national economy. : the economy of a nation specifically : the economy of a nation as a whole that is an economic unit and is usually held to have a unique existence greater than the sum of the individual units within it.</u></em></h3><h3 />
Financial status impacts marital stability in many different ways. If a married couple struggles with financial worries there would be be blaming, worrying and shame in the family that can lead to many arguments. The husband or the wife may feel they are not doing enough to provide and to protect their families and may feel anxious as a result. If the main concern of a family is its financial survival, many other necessities may get neglected because of lack of money. The couple may feel tense and the tension may even contribute to the break up of the marriage.
Other factors associated with a couple's financial status are: health, education, recreational activities. The better the couple's financial status, the more healthier the family is, the better the education they can afford for their children and the better the cultural and social activities they can participate in.
Answer:
a. Equity theory
Explanation:
Equity theory: The equity theory is based on the concept that people usually get motivated through fairness, and in case a person finds inequity in either output or input ratios of himself or herself concerning the significant or referent group, then the person will seek to adjust accordingly to get perceived equity.
The motivational theory that most closely correlates with your actions is equity theory.
A strong dollar makes imports less expensive and foreign travel cheaper. A weak dollar makes imports more expensive and foreign travel more expensive.
