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andrezito [222]
3 years ago
5

If the economy is hit by a negative real shock that raises inflation and unemployment, which fiscal policy action should the gov

ernment take in order to keep inflation and unemployment stable?
Business
1 answer:
aev [14]3 years ago
8 0

Answer: There is no fiscal policy action that can keep the inflation and unemployment stable.

Explanation:

If there is a negative real shock such as an oil crisis, it will be hard fir the affected economy to adjust and be stable.

A negative real shock will lead to a reduction in growth and a rise in inflation. Even in cases whereby there is an increase in the money supply, this will lead to a rise in real growth but the result will be that there will be an higher inflation

Therefore, there is no fiscal policy action that can keep the inflation and unemployment stable.

You might be interested in
Is Cab Service in the UK is Excellent Choice for Transport?
Andreas93 [3]

Cab services are the best option for transportation in the UK.

Cabs are a type of personalized transport that works in the United Kingdom, this service offers several advantages compared to taxis such as:

  • It is cheaper than taxis.
  • It is more comfortable and less disturbing.
  • They have several options for the number of people traveling.
  • They can be booked easily and quickly
  • Offers a much faster transportation service than buses or black taxis
  • It is available 24 hours a day, 7 days a week.

Based on the above, it can be inferred that Cabs are the best transport service in the UK.

Learn more in: brainly.com/question/23627598

6 0
2 years ago
The ending inventory of finished goods has a total cost of $11,600 and consists of 600 units. If the overhead applied to these g
Lunna [17]

Answer:

the Direct Labor Costs are  $5500

And Direct Materials are 2,250

Explanation:

Finished Goods has a total cost of $11,600

If the overhead applied to these goods is $3,850

Then the Direct Labor Costs are  $5500

And Direct Materials are 2,250

Using the cross product rule

$3850    : 70

x          :   100

x= $3850*100/70= $ 5500 are Direct LAbor Costs

Direct Materials= Finished Goods - overhead applied -Direct Labor Costs

  Direct Materials             =$11,600- $3,850- $5500

And Direct Materials are = $2,250

5 0
3 years ago
Produced goods used as inputs for the production of other goods comprise the resource known as:.
Mashcka [7]

Capital.

Capital goods are those goods that are used for further production of other commodities. They are used in the future for purpose of productivity. These goods have derived demand and helped in raising the productive capacity of the business.

3 0
2 years ago
Read 2 more answers
Harvey quit his job at State University, where he earned $45,000 a year. He figures his entrepreneurial talent or forgone entrep
son4ous [18]

Answer:

The options are wrong,find below correct multiple choices:

$605,000

$825,000

$655,000

$150,000

The correct option is $605,000

Explanation:

Explicit costs are costs  incurred  that require actual cash settlement not costs of alternative forgone as in the case of implicit costs.

There is only example of explicit cost for Harvey Business in the first year of operation,which is the cost of production,packaging,marketing,employee wages and benefits and rent on a building.

In other words,the explicit costs incurred in year one =$55*11,000 units

                                                                                          =$605,000

The correct option  is the of those ones provided above.

3 0
3 years ago
In the supply-and-demand schedule shown above, at the equilibrium price, quantity supplied is _____ and quantity demanded is ___
blsea [12.9K]

Answer:

C. 200, 200

Explanation:

6 0
3 years ago
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