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slavikrds [6]
2 years ago
15

chase lives in oregon but works for a company that is located in florida. what business trend is this an example of ?

Business
1 answer:
Hunter-Best [27]2 years ago
6 0

The business trend wherein Chase works for a company that is located in Florida while he is living in Oregon is an example of remote workforce business trend.

Remote workers are those workers who does their job outside of a customary type of office.

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An expansionary gap is when the actual output is more than the potential output. From the question, we are told that an economy is operating with output $400 billion above its natural level, and fiscal policymakers want to close this expansionary gap and that the central bank agrees to adjust the money supply to hold the interest rate constant, so there is no crowding out.

We are also given the marginal propensity to consume is 4/5, and told that the price level is completely fixed in the short run.

To close the expansionary gap, the government would need to reduce its spending. To solve this, we have to calculate the multiplier. This will be:

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Therefore, the government expenditure or spending will be reduced by:

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