An increase in government spending raises income (B) in the short run, but leaves it unchanged in the long run, while lowering investment.
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What is government spending?</h3>
- All government purchases, investments, and transfer payments are included in what is known as government spending or expenditure.
- Government final consumption spending is defined in national income accounting as the purchase by governments of goods and services for immediate consumption, to primarily meet the individual or collective needs of the community.
- Government investment is defined as the purchase of goods and services by the government with the intention of generating future benefits, such as infrastructure investment or research spending (government gross capital formation).
- Together, these two categories of government spending—on final consumption and gross capital formation—make up one of the primary parts of the GDP.
Therefore, an increase in government spending raises income (B) in the short run, but leaves it unchanged in the long run, while lowering investment.
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Answer:
d) variability
Explanation:
Variability is the quality of a service that does not follow a fixed, or predictable pattern, following instead a changing (or variable), or unpredictable pattern.
Seasonality is a type of variability that occurs when a business is subject to very rigid time constraints: in some periods of time it booms, and in other periods, it busts.
Alex's business is seasonal because it only becomes profitable during the summer months, while the other three seasons represent a net loss for him.
Answer:
industrial/organizational
Explanation:
Based on the information provided within the question it seems that Dr. Leo is most likely an industrial/organizational psychologist. This type of psychology focuses on studying work relations within an organization as well as improving quality of life of the employees and work relationships. This also applies to the relationship between the organization and the customers, as is the case in this situation as Dr. Leo deals with customer satisfaction.
Answer:
Explanation:
The student loan is set up to have a very low interest rate. They are mostly in the 2 to 3 % range if you qualify. The worst is a payday loan. Those have double digit rates associated with them.
Answer: to historical performance or budget
Explanation:
A profit center in a business is a division that is able to make revenues independently and contribute to the revenue of the entire business. In evaluating the performance of a profit center manager, it is best to compare the performance to a budget or their historical performance.
This is because profit centers engage in different businesses and so their revenue making style will be unique. Some profit centers will make more than others because of the goods they produce or the way they produce it. It is therefore best to compare a profit center to an internal measure such as the budget and historical performance.
If the profit center exceeds either of these then they are performing well.
