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Ksivusya [100]
3 years ago
10

Are elements of fiscal policy that automatically change in value as national income changes

Business
1 answer:
sveta [45]3 years ago
4 0
The answer to the given question above is AUTOMATIC STABILIZER. So in the fiscal policy, the term automatic stabilizer refers to the policies and programs which are created in order to counterbalance or neutralize any changes (e.g. fluctuations) in the national income or economic activities. This no longer requires an intervention from the government or policymakers.
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Crafting a strategy to compete in one or more foreign markets can be considered complex because 34) A) factors that affect indus
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Answer:

Options A, B, C, and E.

(Please check the explanation section before you judge or pick your answer)

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The options A, B, C, and E are the options that are considered complex if we want to Craft a strategy to compete in one or more foreign markets.

Please take note that if the question asked us to pick which of the options is NOT a inherently complex reason when crafting a strategy to compete in one or more foreign markets then we would have picked Option D.

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Suppose that a simple society has an economy with only one resource, labor. Labor can be used to produce only two commodities ax
max2010maxim [7]

Answer:

a, The PPF intersect the Y-axis at 1000 units of luxury goods

   The PPF intersect the X-axis at 500 units of necessity good

    It means that when the society produces zero units of necessity, it can          produce 1000 units of luxury goods and if they use all resources to produce necessity, they can produce 500 units only

b. The economy can produce at a point inside the curve IF (1) There is underutilized of the available resources. (2) There is inefficiency in the use of resources  

c. I will want to produce more necessity than luxury. The decision on which point the society will want to be depend on the type of economic system being practiced by my society, if it is free market, the price system will determine it and for a socialist system, the government decides.

d. If I am a dictator, I will make decrees as to the economic direction I want for the society and where the product distribution is left to the free market, the price system decides.

Explanation:

The production possibility frontier is a graph that shows the trade-off between two commodities which a country can be assumed to produce. An economy can operate on the PPF in which case it is using its resources to the fullest. It can operate inside the curve which means under-utilization of resources or inefficiency in resources utilization. A country cannot operate outside the curve except there is technological progress or economic growth.

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4 0
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