Answer:
is derived from leader capability and knowledge in a particular field
Explanation:
The expert power is thinking with respect to a specific person that contains the knowledge level or the specific level but the other person dont have
Also the person have the expertise in a specific field due to which the people around feel that the person powerful and give more values to his opinion
Therefore as per the given option, the last option is correct
consumption and production of the taxed product are reduced below the level of allocative efficiency which would occur without the tax.
Answer:
Part 1. Additional spending on national park facilities & A tax cut is the answer.
Part 2. Expansionary
Explanation:
The Natural level of real GDP is also associated with the natural rate of unemployment. When the real gdp < natural real gdp, the economy is said to be in a recession. Thus unemplyment rate is> natural rate of unemployment.
Reason is as follows:
A tax cut, depends if its permanent or not (to see the difference between short and long run effects). However, for this scenario, a tax cut should give consumers more disposable income, which would increase consumption, thus increasing total output. The opposit effect would happen for a tax increase. Hence a tax cut is a policy that could bring gdp near natural GDP.
A reduction in government purchases would lower G, which would lower Y too. so all else equal, a reduction in government purchases wouldn't help increase output, rather it may fall instead. So this is not a solution for bringing actual gdp near natural GDP.
Additional spending on national park facilities:- Will increase income of someone or the other and thus would create extra demand . Thus it would give some consumers more disposable income, which would help them increase C, thus would be increasing total output. So this is can be a solution for bringing actual gdp near natural GDP.
Answer:
earn $8 more than if he had invested with his credit union.
Explanation:
