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Dennis_Churaev [7]
3 years ago
7

When president obama was elected, the u.S. Economy had slid into a recession. Consumer spending was low and getting worse. In an

effort to stop the decline, president obama proposed an economic stimulus package that included government spending on roads, bridges, and schools, among other things, and a tax cut that each u.S. Worker would see in her or his paycheck. Apparently, president obama was a proponent of?
Business
1 answer:
Lesechka [4]3 years ago
8 0

Answer: Keynesian Economic Theory

Explanation: The policy adopted by the President was to cut back taxes and increase government spending on road, bridges and schools. This policy of the government is called the expansionary fiscal policy which is used to combat an economy suffering from recession. The Keynesian theory also supports the argument that when an economy is suffering from recession, economic output is influenced by aggregate demand. Thus, the government and use its fiscal policy tools to bring the economy out of recession. It also supports that the Fed can also use its monetary policy to bring the economy out of recession. But since here taxes and government spending are uses, we can say that Obama was a proponent of <em>Keynesian Economic theory</em>.

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____ are spending by the government on​ goods, services, and factors of production.
AlladinOne [14]

Answer:

The correct words for the blank spaces are: Government purchases; Government Expenditures.

Explanation:

Government purchases refer to the expenses the central government incurs in federal, state, and local agencies. These purchases represent part of the <em>Gross Domestic Product</em> (GDP) of the country considering transfer payments are not including in these expenditures.

When the transfer payments are added to the government purchases the result represents the Government Expenditures. It is one of the factors of the GDP along with private investments, individuals' consumption, and net exports (exports minus imports).

4 0
3 years ago
How do objectives make it more likely that you will reach your goals?
Bad White [126]

Answer:

C seems the most reasonable

3 0
2 years ago
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The U.S. work week has declined from 60 hours in 1890 to 40 hours today. The impact of the decline in working hours:________
Len [333]

Answer:

It will Decreases U.S. real GDP and on the other way round it will increases the well-being of a typical working person in the U.S.

Explanation:

The impact of the decline in working hours is that it will Decreases U.S. real GDP and on the other way round it will definitely lead to increase in the well-being of a typical working person in the U.S. because of the decline in the U.S work week which was formally 60 hours in the 1980 but now 40 hours today because a typical working person will have more time for him/her and the stress involved in working for 60 hours per week will reduce when compared with working for 40 hours per week because a typical working person in the U.S will preferred to work for 40 hours per week than 60hours per week for the betterment of their well being.

4 0
3 years ago
A modification to a product that changes the taste, texture, sound, smell, or appearance is a(n) _______.
Paha777 [63]

A modification to a product that changes the taste, texture, sound, smell, or appearance is a <u>style modification.</u>

<u></u>

Product modification is the process of improving already-existing items by making the required adjustments to their nature, size, packing, colour, and other attributes in order to better meet changing market demands. The goal of the product change is to retain current demand, draw in new customers, and effectively compete with rivals.

The company's earnings improve as a result of increased sales, which are aided by this. The product's look is altered as part of the style enhancement plan. Nevertheless, a product's quality never changes. Here, the product's packaging or its shape, colour, or other characteristics may be altered. The fashion business frequently employs this tactic.

To learn more about Product modification here,

brainly.com/question/13922806

#SPJ1

6 0
2 years ago
Kimberly has been helping Jonah in preparing his personal income tax forms for a couple of years. Jonah's boss recommended Kimbe
Elenna [48]

Answer:

c. public accountant

Explanation:

Kimberly would be classified as public accountant. Since it has been mentioned that kimberly has been helping Jonah in setting up accounting system, facilitating with tax forms she would be classified as public accountant as they give advice facilitate on financial information to different clients and individuals. Public accountant serves businesses on their fee as mentioned in the text kimberly is doing that. Other duties of public accountant will be providing services like accounting expertise, auditing, and tax services to their clients.

8 0
2 years ago
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