Answer:
D. The tax cut can be categorized as fiscal policy and the lowering of interest rates can be categorized as monetary policy.
Explanation:
Fiscal policy is when the government uses either taxes or government spending to influence the economy.
Contractionary fiscal policy is when the government increases taxes or reduces spending.
Expansionary fiscal policy is when the government decreases taxes or increases spending.
Monetary policy are policies enacted by central bank of a country to control money supply or interest rest.
Contractionary monetary policy is reducing money supply or increasing interest rates.
Expansionary monetary policy is increasing money supply or decreasing interest rate.
I hope my answer helps you.
Answer:
After assessing the market growth potential and market competitiveness in Mexico for his company's baby products, Harold wanted to evaluate market access. To do this, Harold would consider ease of assessing or developing distribution channels and brand familiarity
<u>Explanation: </u>
Harold would, first of all, find out the ease in accessing the market. If he finds that it is easy to access the market or target the consumers than he will develop distribution channels. Distribution channels take lots of time and effort.
Than Harold will determine the brand familiarity which means he will make the consumers familiar with his company's baby products. Brand familiarity affects the consumer's information about the product.
Data is oftentimes considered a defensible source of competitive advantage; however, advantages based on capabilities and data that others can acquire will be short lived.
<h3>What is data?</h3>
It should be noted that data simply means the facts and statistics that are used to analysis.
In this case, data is oftentimes considered a defensible source of competitive advantage; however, advantages based on capabilities and data that others can acquire will be short lived
Learn more about data on:
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Answer:
B. structural unemployment will exist in an economy that is innovative
Explanation:
Based on the information provided within the question it can be said that the relevant issue he is ignoring is that structural unemployment will exist in an economy that is innovative. This is because innovative economies tend to constantly be going through industrial change to implement the new innovations, this causes a need for only individuals that are specifically skilled and leaving unemployed the people who are not.
