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3 years ago

The Ricardian equivalence theorem states that

1 answer:

5 0

Answer: The Ricardian equivalence theorem states that : "A. an increase in the government budget deficit has no effect on aggregate demand."

Explanation: Ricardian Equivalence establishes that when the government increases the expenses financed with debt to try to stimulate the demand, this increase of the expenses does not produce any change in the demand.

This happens because the increases in the public deficit will be higher taxes in the future. Therefore, taxpayers reduce their consumption and increase their savings in order to offset the cost that will be the future tax increase.

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Which of the following situations represents financially responsible choices? Select all that apply.

Gnom [1K]

making on time payments on a debt
 purchasing a large kitchen appliance with cash
 saving 25% of every paycheck

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3 years ago

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Why do people establish their own business?

blagie [28]

Answer:

financial freedom

Explanation:

the reasons people start their own business is usually because they desire financial freedom meaning they would like have more disposable resources for themselves.

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3 years ago

Which of the following statements regarding "Six Sigma" is TRUE? The Six Sigma program was developed by Toyota in the 1970s Six

mestny [16]

Answer:

The term has two distinct meanings–one is statistical; the other is a comprehensive quality system.

Explanation:

Here, the point fact states that it will take a six standard deviation from the mean for an error to happen.

Six Sigma evolved to define numerous ideas within the business sphere and is sometimes confusing. Firstly, it's a statistical benchmark. Any business process, which produces less than 3.4 defects per 1 million chances is said to be efficient. A defect is anything produced outside of consumer satisfaction. Second, it is a training and certification program, which teaches the core principles of Six Sigma. Practitioners may achieve the Six Sigma certification belt levels, ranging from white belt to black belt. Finally, it's a philosophy, which promotes the idea that all business processes can be measured and optimized.

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3 years ago

"Ethan knows that when he graduates from college and begins looking for a job, he will need to make his resume stand out from al

kakasveta [241]

Answer:

Communicating value

Explanation:

Communicating value involves showing others what makes one's product or skills different and better than others that are available.

What value means to stakeholders in a situation needs to be defined.

Focus is then given to how the skill or product can meet these unique needs.

Also one needs to understand the most effective platform to use in communicating value.

In this instance Ethan wants to make his resume stand out from all the other resumes that the company receives in order to be selected for an interview

He is communicating the value he can add to the company.

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3 years ago

What opportunities do global markets present for a potential business owner?

algol13

Answer:

If going global has been in your business plans for some time, here's 8 reasons to start preparing for international expansion in 2020.

INCREASE REVENUE POTENTIAL. ...
ENTRY TO NEW MARKETS. ...
NEW CUSTOMER BASE. ...
EXPANSION ALLOWS YOU TO DIVERSIFY. ...
GREATER ACCESS TO TALENT. ...
GAIN COMPETITIVE ADVANTAGE. ...
IMPROVE YOUR COMPANY'S REPUTATION.
COST SAVINGS

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2 years ago

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