The problem that Bob will most likely face in terms of
evaluation and feedback step in the decision making process is when Bob’s
gathered information may be neglected when the plan that he has done has been a
success or it has been a failure.
<u>Answer:</u> it can be concluded that fiscal policy from year 1 to year 2 became more expansionary.
<u>Explanation:</u>
When the fiscal policy becomes expansionary the government will decrease the taxes and increase its spending in order to reduce the recessionary situation in the country. In the above scenario budget deficit means the expenditure is more than the revenue.
A cyclical budget deficit means the deficit which occurs due to decrease in tax rates and increase in government spending. Increasing the taxes and government spending would both offset the balance in the economy.
Answer:
Prices will decrease and the quantity produced will increase.
Explanation:
Because labor costs are lower in developing countries, when these countries produce manufactured goods, they do it at a lower cost, meaning that these goods will also have a lower price for the final consumers. If these cheaper goods are exported to the U.S. market, the U.S. market is flooded with more goods at a lower price, something that may affect some U.S. firms, but that benefits the majority of U.S. consumers.
Answer:
They are related because all of the heaths are commonly linked to anxiety and depression. So when a person is financially struggling they can have anxiety which affects their mental health which affects there want to be physical which makes their physical health bad. So all of these are linked together so if one is bad then the others are sure to become bad too.
