We would expect that the rebuilding at the end of World War II in many European countries increased aggregate demand for capital goods in <u>a. Both the US and Europe.</u>
<h3>What is aggregate demand?</h3>
Aggregate demand refers to the total demand for goods and services within an economy.
Because of the Marshall Plan initiated by the United States for rebuilding Europe after the Second World War, aggregate demand increased in both the United States and Europe.
<h3>Answer Options:</h3>
a. Both the US and Europe
b. The US, but not Europe
c. Europe, but not the US
d. Neither the US nor Europe
Thus, the rebuilding at the end of World War II in many European countries increased aggregate demand for capital goods in <u>a. Both the US and Europe.</u>
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Answer:
False
Explanation:
Supply-side policies aim at increasing productivity. The government outlines measures that promote the supply-side to achieve sustainable growth without causing inflation. The policies aim at enhancing the production capacity of an economy. They increase competition by improving the quantities and qualities of the factor of production.
Supply-side policies do not promote low levels of production. They argue that an increase in production will result in a high demand for goods and services. An increase in demand will generate more employment opportunities and promote rapid economic growth.
Answer:
Answer for the question :
""The Athletic Department of Leland University is considering whether to hold an extensive campaign next year to raise funds for a new athletic field. The response to the campaigın depends heavily upon the success of the football team this fall. In the past, the football team has had winning seasons 60 percent of the time. If the football team has a winning season (W) this fall, then many of the alumnae and alumni will contribute and the cam- paign will raise $3 milion. If the team has a losing season (L), few will contribute and the campaign will lose $2 million. If no campaign is undertaken, no costs are incurred. On September 1, just before the football season begins, the Athletic Department needs to make its decision about whether to hold the campaign next year.
(a) Develop a decision analysis formulation of this problem by identifying the alternative actions, the states of nature, and the payoff table.
(b) According to Bayes’ decision rule, should the campaign be undertaken?
(c) What is EVPI? "
is explained in the attachment.
Explanation:
Step six is to complete the plan.
The basic six steps are:
- receiving the requirements
- issuing a warning order
- making the tentative plan
- initiating the movement
- conducting the <span>reconnaissance, and finally
</span>- completing the plan
It is also advisable to follow the 6 steps by two additional steps which are:
- issuing the complete order
- supervision
