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OLga [1]
3 years ago
6

28-In​ 2008, in order to encourage people to spend more money and stimulate the​ economy, Congress passed the American Reinvestm

ent and Recovery​ Act, authorizing the government to spend​ $831 billion on​ education, infrastructure​ (such as roads and​ bridges), healthcare, and a host of other initiatives and​ projects, hoping to put people back to work. This is an example of the government exercising​ _______ policies.
A.
monetary
B.
deflationary
C.
international trade
D.
fiscal
E.
budgetary
Business
1 answer:
pishuonlain [190]3 years ago
8 0

Answer: D Fiscal Policies

Fiscal policies refer the adjustments made by the government to tax policies and government spending in order influence the level of economic activity in a country.

The main aim of a fiscal policy is to stabilize the economy while trying to avoid the impact of excessive growth and recessions.

In the question, the government passed a bill that authorized spending on infrastructure, healthcare etc. This was done in order to increase employment and ultimately increase aggregate demand. Hence this is a fiscal policy.

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6 0
2 years ago
If a price ceiling is set above the equilibrium price in a market rev:a. rationing will be necessary. b. surpluses of the commod
olga_2 [115]

Answer:

b. surpluses of the commodity will develop

Explanation:

A price ceiling is when the government or an agency of the government sets the maximum price for a good or service.

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4 0
2 years ago
If firms in a perfectly competitive market are experiencing economic losses, then as time passes firms ________ and the market _
sukhopar [10]

Answer:

The correct choice is D

6 0
3 years ago
Which of the following comes closest to the value at the end of year 6 of investing $600 today (year 0) and then investing anoth
cestrela7 [59]

Answer:

The correct answer is B.

Explanation:

Giving the following information:

Investment= $600 today and $600 at the end of year 5

Interest rate= 3%

To calculate the final value, we need to apply the following formula on each investment:

FV= PV*(1+i)^n

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5 0
3 years ago
On January 1, a company made a sale of $87,500, on credit. If the credit terms were 2/10, n/30, what would be the amount of the
worty [1.4K]

Answer:

b. $1750

Explanation:

Provided that

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The amount of the sales discount would be

= Sale of the company × discount percentage

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3 years ago
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