I am sorry, but I don’t understand. Wish I could help
Not B because i just got it wrong!!
Answer:
Expansionary fiscal policy; lead to a budget deficit
Explanation:
A balanced budget is when the income of the government equals government's spending
A recession is when the GDP of a country for two consecutive quarters is negative. It is a period of slowdown in economic activities.
If there is a recession, the government would want to increase money supply by conducting an expansionary fiscal policy but would be prevented from doing so because of the balanced budget rule as an expansionary fiscal policy would lead to a budget deficit.
A budget deficit is when government spending exceeds income
Answer:
Country x
Population size 50,000,000
Full time students 4,200,000
Not employed & not searching 6,000,000
Not employed and searching 2,336,000
Employed 29,664,000
Labour force is defined as the population of the economy currently engaged in some employment and those jobless but available or searching for employment
Labour force is 32,000,000
Labor force participation rate is the labor force divided by the population size.
= 64%
Unemployment rate is defined as members of a country not employed and are searching or seeking employment.
= 4.7%
