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Furkat [3]
3 years ago
6

In Year 1, the actual budget deficit was $150 billion and the cyclically adjusted deficit was $125 billion. In Year 2, the actua

l budget deficit was $130 billion and the cyclically adjusted deficit was $125 billion. It can be concluded that from Year 1 to Year 2 a.real GDP increased. b.fiscal policy became less expansionary. c.full employment was attained d.real GDP decreased.
Business
1 answer:
olasank [31]3 years ago
4 0

Answer:

b.fiscal policy became less expansionary

Explanation:

Because, the actual budget deficit (government spending less taxes and other) decreases the State decrease theri participation in the aconomy by the 20 millons difference.

This means their welfare programs, military, political, public works and other spending decreases. It could also mean the taxes were raised to make up for the deficit.

In both, the government policy contracts a little bit.

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If competitors can copy or match the products and services the firm offers, it will be difficult to develop a sustainable compet
balu736 [363]

Answer:

resources that are valuable, rare, costly to imitate, and non-substitutable

Explanation:

If competitors can copy or match the products and services the firm offers, it will be difficult to develop a sustainable competitive advantage through product excellence. A firm can, however, develop an advantage through product excellence with resources that are valuable, rare, costly to imitate, and non-substitutable

Apart from product excellence, Intangible assets that have no physical presence like Brand reputation, trademarks and intellectual property are all intangible assets unlike physical resources, cannot buy from the market by other competitors. They are developed within a company and constitute the source of sustainable competitive advantage.  

In particular, the resources that generate competitive advantage are those that possess the VRIO characteristics,which implies that they are  

Valuable, hence there will be no competitive disadvantage

Rare, hence there will be no competitive parity

Imitate, - are costly and difficult to imitate hence they cannot be copied

Organised to Capture Value - which means they are non-substitutable.

4 0
3 years ago
Which of the following would not be a part of a company's human resources?
pychu [463]
The answer is D. All would be included as human resources
6 0
3 years ago
Budgeting helps consumers reach their financial goals by helping them do which of the following?
Firdavs [7]

Answer:

<u><em>C. Keep their expenses below their income</em></u>

Explanation:

7 0
3 years ago
Trey sells consumer electronics. He knows his customers weigh the costs versus the benefits associated with the different option
BartSMP [9]

Answer:

D, value-based marketing

Explanation:

Value-based marketing -

The process of selling goods or services , when marketing is done to the customer's ethics and value , in order to orient the customer to buy a specific goods or services .

It shifts the marketing towards customer-centric from product-centric  .

Hence , from the question , Trey is selling products by Value-based marketing .

5 0
3 years ago
Jenny Enterprises has just entered a lease agreement for a new manufacturing facility. Under the terms of the agreement, the com
LiRa [457]

Answer:

$1,107,793.41

Explanation:

The value of the payment today can be ascertained using the present value of an annuity due formula since the first payment is immediate as shown thus:

PV=monthly payment*(1-(1+r)^-n/r*(1+r)

monthly payment=$12,500

r=monthly interest rate=6.48%/12=0.0054

n=number of monthly payments in 10 year=10*12=120

PV=$12,500*(1-(1+0.0054)^-120/0.0054*(1+0.0054)

PV=$12,500*(1-(1.0054)^-120/0.0054*(1.0054)

PV=$12,500*(1-0.524003627 )/0.0054*1.0054

PV=$12,500*0.475996373 /0.0054*1.0054

PV=$1,107,793.41

6 0
2 years ago
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