Answer:
FALSE
Explanation:
The operational lag of fiscal policy is the time gap between the adoption of a corrective measure and the perception of its effects on the economy. For example, in a recessionary context, analysts and the Fed have no difficulty predicting the economic problem, as there are statistical software and predictive models that can predict recessive economic scenarios. However, through economic policies, the government takes steps to reverse the recessive picture. By their nature, these policies demand a time between their adoption and their effect on the economy, which is operational lag.
The correct answer for this question is this one: "b. increased prices." <span>The small increase in global oil production coupled with an increased demand for those resources leads to increase in prices.
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Here are the following choices.
<span>a. lack of modern energy sources
b. increased prices
c. decreased competition
d. decreased prices</span>
Answer:
The result would likely be a contraction of the economy. The GDP would probably fall or grow less.
A goverment applies contractionary fiscal policy when it reduces spending. Less government spending can reduce economic activity because spending can be a form of investment. For example, when the government spend less on building schools, roads and infraestructure, the people who build those lose their jobs, receive less income, consume less, and the economy contracts.
Contractionary monetary policy is applied by the central bank (the Federal Reserve in the United States). It would consist in reducing the amount of money available (the money supply). Less money in the economy results in higher interest rates. This creates a cycle in which banks give less loans, and investment falls. Less investment contracts the economy.
Answer: Unconditioned Stimulus
B) Conditioned Stimulus
Explanation:
In Classical conditioning, learning occurs when a neutral stimulus is paired with an unconditioned stimulus, the neutral stimulus becomes a conditioned stimulus which can bring about conditioned responses.
For example, unconditioned stimulus (food) is presented repeatedly just after the presentation of the neutral stimulus (bell). After conditioning, the neutral stimulus alone produces a conditioned response (salivation), thereby becoming a conditioned stimulus. From this example, if a dog salivates whenever it sees food but a bell is rung before the food is presented, Overtime just ringing the bell will make the dog to salivate.
What can a producer gain by specializing? Absolute advantage
When someone specializes in their field, they being an expert in that subject. Absolute advantage is the ability of a person or group to carry out an economic activity better than another. If someone focuses on it and specializes in one area, they are more likely to create an absolute advantage in that area.
