If an economy is experiencing inflation, aggregate demand is above full-employment and the government will increase spending and decrease taxes.
Answer: Option B
<u>Explanation:</u>
The inflationary gap occurs when total demand is greater than the level of the outcome at full employment. Therefore, inflationary gap is the estimation of the excess amount of total demand over total supply at full employment. The hike in the amount of discretionary income for both consumers and business results from the government’s expansionary fiscal policy.
When government or pivotal authority slit taxes the investment for capital improvement, new hiring or employee’s payment reimbursement is processed by businesses and consumers may spend more for buying goods. The government can also encourage economy by investing in infrastructure projects. Such actions can result in a price hike due to the high demand for goods and services.
Here is the correct answer that would complete the given statement above. <span>All of the department heads are called secretaries except the attorney general. The attorney general belongs to the Department of Justice. Hope this is the answer that you are looking for. </span>
Answer:
In 1920
Explanation:
In the united states, women in most states were not extended the right to vote until the ratification of the 19th amendment in 1920
Answer:
A. They teach us how a family on screen can represent the values of the era in which they aired.
Explanation:
The legislative body that has power to impeach a president is the House of representatives. The legislative body that has the power to hold the trial for impeachment is the Senate.