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Naya [18.7K]
4 years ago
7

If the government increases taxes in response to an inflation, the government is engaging in what economists call?

Business
2 answers:
Olin [163]4 years ago
8 0

Answer:

Fiscal Policy

Explanation:

Fiscal Policy

Fiscal Policy is a policy through which government maintained its spending and its tax rate to regulate the nation's economy. It is same as monetary policy through which central bank of state regulate their money supply. Tax cuts and government increased are examples of fiscal policy.

Type of fiscal policy are

1) neutral policy

2) expansionary policy

3) contractionary policy

olchik [2.2K]4 years ago
4 0

Answer:

fiscal policy

Explanation:

Fiscal policy is the policy which is used by the government the tax rate and government spending economy to analyse the economy of the nation

It is a technique through which a national bank impacts a country's cash supply.

The instances of fiscal policy are tax reductions and expanded government spending. Both of these strategies are proposed to build total interest while adding to shortages or drawing down of spending plan surpluses.

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kolezko [41]

The conditions are:

* If tariffs tend to be small

* No retaliation by supplying nations

* No external costs such as rent seeking

If all of the conditions above are fulfilled, the country can protect the interest of local business without having to face larger economic blow back as a result. If the country that being imposed a tariff choose to retaliate, local businesses could experience an even problems since they can no longer export their products with competitive prices.

4 0
3 years ago
During a meeting, Tammy, a branch manager for USA Bank, pointed to the corporate organization chart on the wall. Tammy remarked
Sophie [7]

Answer:

Line Managers; Staff Personnel

Explanation:

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4 years ago
In colonial​ america, the population was spread thinly over a large​ area, and transportation costs were very high because it wa
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5 0
3 years ago
Which of the following statements is correct?
artcher [175]

Answer: It is reasonable to assume that a profit-maximizing firm will never operate in the inelastic portion of its demand curve.

Explanation:

It should be noted that a firm that profit maximizing will not operate in the inelastic portion of its demand curve because at that point, the firm isn't maximizing profit.

When there's an inelastic demand, an increase in price will bring about a less than proportionate reduction in the quantity of the goods that's demanded. In such case, if the firm operates at the inelastic portion of its demand curve, when it increases price, this will lead to a reduction in income and profit will not be maximize.

3 0
3 years ago
What are some reasons Access may be a better option than other database programs? Check all that apply.
Lorico [155]

Answer:

A. It is relatively inexpensive.

B. It is popular and widely used.

C. It is included in Microsoft Office.

D. It is compatible with other systems.

Explanation:

just did it on excel

8 0
3 years ago
Read 2 more answers
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