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aivan3 [116]
4 years ago
11

Other things the same, during recessions taxes tend to Select one: a. rise. The rise in taxes contracts aggregate demand. b. fal

l. The fall in taxes contracts aggregate demand. c. fall. The fall in taxes stimulates aggregate demand. d. rise. The rise in taxes stimulates aggregate demand.
Business
1 answer:
Hunter-Best [27]4 years ago
6 0

Answer:

The correct answer is letter "C": fall. The fall in taxes stimulates aggregate demand.

Explanation:

Recessions are the economic phases characterized by a decrease in economic growth. Unemployment rises, real income decreases, and the overall economy of a country dwindles. However, the government intervenes to turn around the situation by establishing fiscal policies.

<em>In such scenarios the tax rate decreases for individuals and institutions to have more money available so their purchasing power increases which, eventually, increases the aggregate demand (total demand for finished products).</em>

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In a Harvard Business Review article, consultant Ben Dattner emphasizes the importance of giving credit to others for their good
Setler [38]

Answer:

(humility, egotism, will, discipline)

Explanation:

A leader who possesses this characteristic which are humility, egotism, will, and discipline would mostly behave this way by giving credit to each and every team members who contributed with an idea or opinions, this is how good leaders are recognized because they carry everyone along.

6 0
3 years ago
In the labor market, the supply curve represents A) the workers and the demand curve represents the product of the labor. B) the
fgiga [73]

Answer:

The answer is: B) the supply of workers, and the demand curve is the demand for their labor.

Explanation:

In the labor market;

The supply curve represents the amount of labor that the workers are willing to offer at different price levels (wages).

The demand curve represents the number of workers that businesses are willing and able to hire at different wages.

7 0
3 years ago
In the short​ run, a monopolistically competitive firm will A. select the rate of output where price equals marginal cost. B. ma
stepan [7]

Answer:

Option D is correct.

<u>Select the rate of output where marginal revenue equals marginal cost </u>

Explanation:

Reason: Profit = Revenue - Cost

To maximize profit we take the derivative. Results in in Max Profit occurring at Marginal Revenue = Marginal Cost

3 0
3 years ago
Question 1-12
storchak [24]

The change that would encourage GDP growth to slow is the automobile industry reduces hours for factory workers.

<h3>What would cause GDP growth to slow?</h3>

Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year

If the hours of work for factory workers is reduced, output would be reduced and this would slow GDP growth.

To learn more about GDP, please check: brainly.com/question/15225458

#SPJ1

5 0
2 years ago
Activity based costing _____________
Ilia_Sergeevich [38]

Answer:

1. groups costs into meaningful buckets that are then distributed based on the activity or product they support.

Explanation:

Activity based costing basically categorizes various overheads into different activities, that leads to charge of overheads based on different activities.

In this manner overheads that shall be charged on some standard products based on the activities involved is charged accordingly, and not based on standard overhead allocation rate.

Basically the overheads are divided into various activities and then distributed  to each product based on the volume of activity in the manufacturing process of such activity.

7 0
3 years ago
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