All categories

3 years ago

How did the Great Depression affect economists’ beliefs about the macroeconomy?

2 answers:

7 0

The Great Depression affected economists' beliefs about the macroeconomy because it made them realize that the U.S. economy actually depends on the economies of countries around the world. Prior to this, the thought was that our economy was solely dependent on actions within the U.S.

jok3333 [9.3K]3 years ago

5 0

Instead of assuming that the macroeconomy would automatically recover from a recession, economists began to consider the possibility that modern market economies could fall into prolonged contractions and that government assistance would be necessary to pull them out. (grad point)

You might be interested in

The following data were accumulated for use in reconciling the bank account of Creative Design Co. for August 20Y6: Cash balance

Virty [35]

Answer:

Bank reconciliation:

Bank balance Augusts 31 $18,340

+ Deposits in transit $2,830

- Outstanding checks $3,520

Reconciled bank account $17,650

Cash balance reconciliation:

Cash balance August 31 $17,350

+ Error in recording check $360

- Bank fees $60

Reconciled cash account $17,650

B) Cash account balance $17,650

5 0

3 years ago

Threadless allows customers to submit their own designs and to vote on which designs they would like to see printed on a T-shirt

Masteriza [31]

Answer:

Crowdsourcing technique.

Explanation:

Crowdsourcing involves collection of information from a group of people that have relevant input in a subject, and is usually done over the internet. It allows business save money because the feedback is usually lowcost or free, and saves time.

Threadless by allowing people submit their own designs and vote on what designs they would like to see on T-shirts, are using crowdsourcing to get feedback and ideas from the public.

5 0

4 years ago

the initial valuation of purchased intangible assets requires that the intangible asset is recorded at

bixtya [17]

Answer: original cost

Explanation:

7 0

3 years ago

When herbert took a new position at galbrook manufacturing company, the firm was near insolvency. one of herbert’s first acts wa

Anon25 [30]

The answer for the above question is managerial. When Herbert took a new position at Galbrook Manufacturing Company, the firm was near insolvency. One of Herbert's first acts was to establish specific goals for sales growth and a strategy for achieving them. He also changed the organizational structure and developed an elaborate control system for keeping the company on track. Herbert is functioning in a(n) managerial position at Galbrook Manufacturing.

3 0

3 years ago

Write down the characteristics which had the highest poverty rate in 2016?

adoni [48]

Answer:

Follows are the solution to this question:

Explanation:

The poverty rate is the proportion of those whose income falls below the poverty line, as well as, the official poverty level of 2016 was 12.7% when half of the median family income for the overall population. Below are the highest poverty level features in 2016:

Desire to share exposure to food and clean water.
Entry to living standards or jobs is little to no.
Conflict.
The unfairness.
Wretched schooling.
The shift in the atmosphere.
Transportation deficit.
The government's limited capacity.

3 0

3 years ago