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Hunter-Best [27]
3 years ago
8

(Consider This) According to economist Abba Lerner (1903-1982), fiscal and monetary policy is analogous to

Business
1 answer:
bulgar [2K]3 years ago
3 0

Answer:

a steering wheel in an automobile.

Explanation:

Abba Lerner a twentieth-century economist, is widely known for his suggestion of the utilization of fiscal policy and monetary policy as a form of Keynesian economics. In his analysis, he declared that fiscal and monetary policy is analogous to a steering wheel in an automobile.

Hence, the correct answer to the question is "a steering wheel in an automobile."

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Titania is a country characterized by a high-context culture. This implies that ________. Select one: a. the people of Titania t
Lyrx [107]

Answer:

The correct answer is letter "D": personal relations and goodwill are valued in Titania.

Explanation:

High-context cultures are those that rely on non-verbal and implicit communications. It makes interpersonal relationships and traditions essential to understand what they are trying to transmit. In such cultures, goodwill is highly valuable, as well. Countries like Japan and China are considered high-context cultures.

3 0
3 years ago
An extended period of little or no growth in gdp, wages, and prices is a period of?
dolphi86 [110]

An extended period of little or no growth in GDP, wages, and prices is a period of stagnation.

When real economic growth is less than 2% annually it is considered stagnation. Stagnation is a prolonged period of little or no growth in an economy. This no growth economic period affects various sectors of the economy such as GDP, wages, prices etc.

Stagnation can occur as a temporary condition, such as a growth recession or temporary economic shock. Stagnation is a situation which occurs within an economy when total output is either flat, declining, or growing slowly.

Hence, stagnation in economy can occur due to a number of causes.

To learn more about stagnation were:

brainly.com/question/4323624

#SPJ4

3 0
1 year ago
Electrix Inc. is an electrical appliances manufacturing company. It distributes shares of stock to its employees by placing the
Leni [432]

Answer:

<em>Employee stock ownership  plan</em>

Explanation:

An employee stock ownership plan (ESOP) is <em>a retirement plan wherein the employer contributes its shares (or funds to purchase its stock) to the fund for the advantage of the employees of the company.</em>

The company maintains an account for every employee who participates in the program.

Over time stock shares accumulate before an employee is eligible to them.

With an ESOP, while still working with the company, you never purchase or keep the stock directly.

If an employee is fired, decides to retire, is disabled, or dies, the company must transfer the stock shares in the account of the employee.

4 0
3 years ago
A monopsonistic employer in an unorganized (nonunion) labor market will: Group of answer choices pay a wage rate in excess of la
pogonyaev

Answer:

pay a wage rate less than labor's MRP

Explanation:

A monopsonistic employer in an unorganized (nonunion) labor market will: "pay a wage rate less than labor's MRP"

The above statement is based on the idea that Monopsony is a market situation whereby a single buyer or firm is the only purchaser of a good or service, which in most cases has to do with the purchase of labor.

And given the fact that the firm is the sole purchaser of labor, where there is no labor union, there is a high tendency that such firm or employer pays a wage rate less than labor's marginal revenue productivity.

3 0
3 years ago
Ben and Carla Covington plan to buy a condominium. They will obtain a $229,000, 20-year mortgage at 5.0 percent. Their annual pr
Alla [95]

Answer:

$1,943.06

Explanation:

Monthly mortgage payment: $6.6 X $229 = $1,511.4

Monthly property taxes: $1,550/12 = $129.16

Monthly property insurance: $630/12 =$52.5

Monthly association fee: $250

Total monthly housing payment: $1,943.06

4 0
3 years ago
Read 2 more answers
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