Answer:
Explanation:kvdasnsvksgkgkgsdgtrgfgfdgfdgfdgfdgdggdgdgdgdgd is tht good enough?
Pedro is a Keynesian economist and argues that in a downturn, state intervention is the key for economic recovery.
Keynesians believe that GDP (Gross Domestic Product) is positively influenced by aggregate demand. Hence, in order to boost GDP growth after a downturn, the state should step in the economy by increasing public expenditure. This will help to create job positions, increase the disposable income of households and therefore increase overall demand for goods and services.
If more goods and services are demanded, the same cycle restarts as firms would hire more staff in order to increase production to a greater extent to meet the new necesities. The more people who is employed, the more income avilable to continue increasing private expenditure and investments, which in turn GDP and bring economic growth.
<em><u>To make it clearer, the following is the GDP formula for a certain time period</u></em>
<em>GDP = Private Consumption + Private investment + Public expenditure + Exports - Imports </em>
The population of Nepal is composed by process called census
The correct answer is: "the demand curve will shift to the right".
Households are the economic agents whose will defines the demand curve. This curve represents combinations of prices and amounts demanded by them. In the case, the income has increased for all households within a market, the demand curve shifts right, which means that quantity component of all combinations has increased, and that at the same price more amount of the good is demanded by the consumers.
Such a shift is represented in the graph attached.
Yo creo que eso es la rescue staff
