Answer:
The economic principle governing the congressional package is known as economic stimuli.
Explanation:
The phenomenon of Economic stimuli is described as a change in economic or fiscal policy to enable economic growth in an economic slump. Some of the other activities may include dropping interest rate or quantitative easing.
Answer:
D
Explanation:
In the economic system, the monetary policies of the government are implemented through the banks.
Adjusting the rate of interest can only be done by the Federal Reserve.
All other options are under government fiscal policy.
Answer: all money in circulation throughout the economy
Explanation: apex
Answer:
1.6 Q1 + 0.875 Q2 = $56
Explanation:
Budget constraint equation represents the total budget allocation to different activities under consideration.
old Budget Constraint
Q1 + Q2 = $56
New Budget Constraint
(Q1)*8/5 + (Q2)*7/8 = $56
(Q1)*1.6 + (Q2)*7/8 = $56
(Q1)*1.6 + (Q2)*0.875 = $56
1.6 Q1 + 0.875 Q2 = $56
So best answer made based on data available.
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