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Rudik [331]
3 years ago
12

Why would a government want to use expansionary fiscal policy to help stimulate aggregate demand if, in the long run, we would e

xpect prices to adjust and the economy to return to its long-run equilibrium on its own?
Business
1 answer:
Oksana_A [137]3 years ago
8 0

Answer:

It could take a long time for prices to adjust by market forces alone.

Explanation:

Based on the information provided within the question it can be said that the the government would want to do this mainly due to the fact that It could take a long time for prices to adjust by market forces alone. Therefore by using expansionary fiscal policy they would speed this process up and get prices adjusted in a much shorter time-frame.

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Suppose that GDP was $250 billion in year 1 and that all other components of expenditures remained the same in year 2 except tha
nika2105 [10]

Answer:

$265 billion

Explanation:

The computation of the GDP in year 2 is shown below:

= GDP in year 1 + increase in the business inventories

= $250 billion + $15 billion

= $265 billion

We simply added the GDP in year 1 with the increase in the business inventories so that the GDP in year 2 could come

6 0
3 years ago
"At High Flyer Airlines, managers rate their subordinates on a continuum from 1 to 7. A score of 1 indicates unsatisfactory perf
Vladimir [108]

Answer:

<h2>The answer,in this case would be <u>Graphic Rating Scale or Likert Scale</u>.</h2>

Explanation:

  • In a statistical research study,rating scale or likert scale is used indicate the intensity of magnitude of any variable or phenomenon related to the concerned research topic.
  • Rating scale or likert scale is commonly used in statistical research methods such as surveys or questionnaire where various options are presented to the respondents or participants and a corresponding numerical value associated with each response options.
  • The response options are scaled or ranked numerically according to the intensity or magnitude of the variable or the phenomenon which is included in the survey or questionnaire question.
  • In this instance,the subordinate performance has been scaled or ranked on a rating or likert scale from 1 to 7 which represent the numerical values associated with each rank or scale.
3 0
3 years ago
Suppose you own the patent for a new type of bicycle light, hence giving you a monopoly over the industry. If you lower the pric
Anettt [7]

Answer:

The correct option is C (marginal revenue is less than $9)

Explanation:

If the price of a commodity is lowered because you have some kind of monopoly over the industry, this shows that the marginal revenue is lower than the new selling price. This is simply because marginal revenue is that revenue gained when you produce one more unit of a product, and hence there is no way that this value would be greater than the new selling price. You would be selling at a loss if you do so.

3 0
3 years ago
Indicate whether the situations involve economic discrimination. Sharna lives on a planet where unobtanium is mined by an interp
Softa [21]

Answer:

Yes, in the question there are is a clear example of economic discrimination.

Explanation:

The fact that Sharna does not purchase Earth prodcuts is not economic discrimination because each consumer is free to decide what to purchase.

However, Sharna is not only a consumer, but also a producer, and one that is a monopoly, and using the power of her monopolistic position to refuse to sell to Earthlings, or loan less to Earthlings, not because of legitimate economic justifications or concerns, but because she dislikes Earthling poetry, is a clear example of economic discrimination that would be struck down in an Earthling court.

3 0
3 years ago
True or False: Increasing the number of stocks in a portfolio reduces market risk. True False
strojnjashka [21]

Answer:

true

Explanation:

8 0
3 years ago
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