Expansionary fiscal policy refer to lowering taxes or increasing government spending. When the government lowers taxes, it increases the disposable income of the consumers, thereby increasing the aggregate demand for goods in the economy. Similarly, when the government increases government spending it directly increases the aggregate demand in the economy. Both resulting in economic growth.
On the other hand, Contractionary fiscal policy is related to increasing taxes or lowering government spending. increase in Taxes will lower disposable income and thereby decrease the aggregate demand in the economy. Similarly, less government spending will directly lower aggregate demand and cause a reduction in economic growth.
Answer: Product development
Explanation:
Product development is referred to as or known as the creation of the products and commodity with the different or new characteristics which further offer the additional or new benefits to their consumers or customer. The product development also tends to involve several modification of the existing commodity or product and also its presentation, or the formulation of the entirely newer product which thus satisfies the newly defined consumer or customer want.
Answer:
Explanation:
Dr Building, Asset (73,000+6000+35,000) 114,000
Dr Land, Asset (107,000+10,000) 117,000
Cr Cash (73,000+107,000+16,000+35,000) 231,000
One of the primary reason for this problem is because the
information has been trapped in data silos. In which, a data silos is being
defined as a set of files that are separated or not part of the organization’s
data administration and by this, it could be the main reason as to why the
health care organizations are experiencing the following experiences.
Answer:
False
Explanation:
The payback period refers to the specific period of time that it is required to recover the amount invested and it is an important factor to take into account but the project with the shortest payback period is not necessarily the most desirable investment because other factors are also considered, for example, the expected profit and the conditions in the environment that may affect the assumptions made. Because of that, the answer is that the statement is false.
