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Ipatiy [6.2K]
3 years ago
6

How can the fiscal policies of a country influence the finances of a single individual?

Business
1 answer:
sladkih [1.3K]3 years ago
6 0
 " <span>When the economy is tight with high unemployment and poor circulation of money: Policy can be changed to allow more government spending which stimulates employment and growth. During the great depression, congress wanted to cut spending to balance the budget. Nobody had any money to spend and the economy got worse. Finally FDR started some public work projects that got many people working. When people have jobs they spend money and that circulation is what has kept our country booming for mostly 70 years. "</span>
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8 0
3 years ago
Read 2 more answers
The establishment clause of the First Amendment is concerned with _____.
neonofarm [45]

The establishment clause of the First Amendment is concerned with religion. C

4 0
3 years ago
The "law of demand" refers to the fact that, other things remaining the same, when the price of a good rises, A. the demand curv
nadya68 [22]

Answer:

B. there is a movement up along the demand curve to a smaller quantity demanded.

Explanation:

Based on the laws of demand, if the price of the good rises the quantity demanded of that good would be reduced keeping other things constant and if the price of the good declines the quantity demanded of that good would be raised keeping other things constant.

It represents the inverse relation between the price and the quantity demanded of the good

Therefore the quantity demanded get decreased with the price

3 0
3 years ago
what type of interest rate is set and will not be changed unless you go over the limit or fail to make a payment​
ICE Princess25 [194]

Answer:

Simple interest is paid only one time and does not change.

Explanation:

Hope this helped you!

5 0
3 years ago
The Company deposits $6,900 in an account that earns interest at an annual rate of 8%, compounded quarterly. The $6,900 plus ear
astra-53 [7]

Answer:

$8750.87

Explanation:

This is compound interest problem. The formula used to solve this would be:

F=P(1+r)^t

Where

F is the future value (what we want, after 3 years)

P is the initial value (given 6900)

r is the rate of interest per period

here, 8% per year, so 8/4 = 2% per period (since compounded per quarter)

t is the time (3 years and compounding per year so times of compounding is 3*4 = 12), so t = 12

Substituting, we get our answer:

F=P(1+r)^t\\F=6900(1+0.02)^{12}\\F=6900(1.02)^{12}\\F=8750.87

<u>There will be about $8750.87 at the account at the end of 3 years!</u>

8 0
3 years ago
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