Answer:
The correct answer is D. will result in a multiple times higher decrease in equilibrium real GDP in the short run; however, a tax-rate reduction will increase the automatic-stabilizer properties of the tax system, so equilibrium real GDP would be less stable.
Explanation:
Ricardian Equivalence is an economic theory that suggests that when a government increases expenses financed with debt to try to stimulate demand, demand does not really undergo any change.
This is because increases in the public deficit will lead to higher taxes in the future. To keep their consumption pattern stable, taxpayers will reduce consumption and increase their savings in order to offset the cost of this future tax increase.
If taxpayers reduce their consumption and increase their savings by the same amount as the debt to be returned by the government, there is no effect on aggregate demand.
The fundamental concept of Ricardian equivalence is that it does not matter which method the government chooses to increase spending, whether by issuing public debt or through taxes (applying an expansive fiscal policy), the result will be the same and demand will remain unchanged.
If oil, which is a major input to most production processes, abruptly in price, the impact on the economy would be similar to a productivity decrease, with a resultant decrease in real GDP.
Given an incomplete sentence related to oil which is a major input in the production of goods.
We are required to fill the sentence with the appropriate effect.
When there is increase in the prices of oil there will be increase in cost of the production and there will be decrease in supply of goods and as a result real GDP also decreases.
Real GDP is basically the GDP which is measured on the basis of prices of previous year.It reflects change in units of product and neglect the increase in prices of products.
Hence if oil, which is a major input to most production processes, abruptly in price, the impact on the economy would be similar to a productivity decrease, with a resultant decrease in real GDP.
Learn more about real GDP at brainly.com/question/24156212
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Answer:
C)The claims of creditors are reported as liabilities while the claims of investors are recorded as stockholders' equity.
Explanation:
In a businesses balance sheet, Creditors claims are shown as liabilities. Liabilities show the amount of financing that creditors provided which could be in the form of debts or obligation. Debtors owe creditors an obligation, and this obligation is to pay back. Investors claim are recorded as stockholders equity
Answer: (B) Non verbal communication
Explanation:
The non-verbal communication is the type of communication which uses the body languages such as facial expression, posture, physical movement and various types of gesture for the communication. The non-verbal communication is one of the type of transmission of message or information in non-linguistic manner.
According to the question, the Samuel is the manager and he always observe the facial expression, gesture and this is the example of non-verbal communication.
Therefore, Option (B) is correct.
Answer:
The answer is D =All of the above