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Hunter-Best [27]
4 years ago
8

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

Business
1 answer:
bulgar [2K]4 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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What were the origins of the Asian currency crisis?
valina [46]

Answer:

East and South east Asia

Explanation:

The crisis that later blew up to become a financial crisis over the year started from the east and south east Asia countries of Thailand , Indonesia and South korea in 1997 before spreading to other counties  leading to a fall  in value of the currencies ,and fall in stock market and assets prices as the exchange rate continued to nosedive.

It was sparked up by the inappropriate borrowing by the private sector in the previous years

8 0
3 years ago
How much do u guys hate me?<br> 1, a little <br> 2, a lot <br> or <br> 3, so much!!!!!
anygoal [31]

Answer: 1.-a little

explain- I don't even know you but you don't seem mean

6 0
3 years ago
The main difference between storage warehouses and distribution warehouses is that storage warehouses are relatively small, spec
Elza [17]

Answer:

True

Explanation:

Storage warehouses are used to store items for short periods of time while distribution warehouses are much bigger facilities that are used to gather and redistribute products.

Distribution warehouses are usually very big and can store a lot of products, while storage warehouses are usually a big facility that is divided into smaller units, each smaller unit serves as a storage warehouse. Storage warehouses are used to store more specific items while distribution warehouses can handle different types of goods.

4 0
3 years ago
Concord Corporation produces 5000 units of part A12E. The following costs were incurred for that level of production: Direct mat
mart [117]

Answer:

b. $85,000

Explanation:

First, we should prepare the analysis of cost savings if the company buys outside.

Analysis of cost and savings

Purchase (5,000 units × $68) = ($340,000)

Savings

Variable cost = $80,000

Fixed cost = $175,000

Net income effect

($85,000)

The effect is a decrease in net income by $85,000.

7 0
3 years ago
What is the major advantage of processing information automatically?
Lady bird [3.3K]
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