Answer:
right, increase, increase, decrease
Explanation:
In simple words, a decrease in taxes will result in more disposable income to the individuals which will further lead to increase in demand. Increase in demand will shift the overall economy curve to grow leading to increase in output and consumption.
As per the crowding out effect, the decrease in taxes will increase demand and spending leading to inflation which causes money to value less. Hence individuals will mostly consume their income and will invest less.
Officers are all those individual people or staff who manage the corporation's day-to-day operations.
<h3>What are the
responsibilities of corporate officers?</h3>
Officers of a corporate entity are important management executives who oversee the day-to-day operations of the company. They are appointed by and report to the board of directors, and they oversee specific industry functions based on their background and expertise.
<h3>Is indeed an officer the same as a director?</h3>
Everything You Have to Know About Officers vs. Directors When comparing an officer and a director, a director is a person who manages important business affairs, whereas officers oversee daily operations. Officers are also directly involved in the day-to-day management of the business.
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Answer:
A. when the owner defaults on the loan payment
Answer:
The government will need to reduce spending by $60 billion
Explanation:
Expansionary gap is defined as a situation where the total output of an economy exceeds its potential output. That is the economy is performing above its long term potential as measured by GDP.
When this occurs the government will need to reduce spending to match output with economic needs.
Marginal propensity to consume is the proportion of an individual's income that is reserved for consumption.
In this case it is 4/5. This means individuals are willing to spend 4/5 of their income on consumption
The amount needed by the economy to meet consumption is:
Amount consumed= (4/5) * 300 billion
Amount consumed= $240 billion
Therefore
Excess cash= 300 billion - 240 billion = $60 billion
The government will need to reduce spending by $60 billion
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