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3 years ago

If the government and Central Bank don't use economic policy, what could happen?

Business

1 answer:

Liula [17]3 years ago

6 0

This would leave the economy in the laizzes fairie position and it will cause malpractices.

Explanation:

Laizzes fairie is the concept that the market should be left on its own without any government influence or meddling with he rules and let the market rules define themselves.

This is not a good strategy as the malpractices of the market will take over and this makes the poor disadvantaged as they are wont to be taken advantage of by those who own the means of production in the state.

This is why the government's policies are needed as well as the Central bank.

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When corn prices soared, hog farmers used less corn to feed their pigs. The hog farmers showed a decrease in their:

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They bought less corn, so they showed a decrease in demand.

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3 years ago

Government-wide financial statements include which of the following?

Vsevolod [243]

Answer:

C. Statement of Net Position and Statement of Activities.

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3 years ago

________________ analyzes how we choose to use our resources on an aggregate (national)level and includes measures of performanc

Alecsey [184]

Macroeconomics is the branch of economics which deals with largescale or general economic factors like interest rates and national productivity. The correct answer is Macroeconomics.

<h3><u>What does Macroeconomics deal with?</u></h3>

Macroeconomics examines the functioning, structure, and behavior of the entire economy (like people, households, industries, etc.) in contrast to microeconomics, which focuses primarily on the decisions made by individual economic actors.

It analyzes the economy-wide phenomena such as inflation, price levels, rate of economic growth, national income, gross domestic product (GDP), and changes in unemployment. It also analyzes the causes, stimulation and driving forces of these phenomena and how the national performance can be improved.

The two main areas of macroeconomic research are long-term economic growth and shorter-term business cycles.

Therefore, the national performance indicators like inflation, unemployment, and federal government expenditures and resource utilization are analyzed are studied under Macroeconomics.

You can learn more about Inflation using the following link: brainly.com/question/1082634

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8 0

2 years ago

The Principal assets of commercial banks are:

Nookie1986 [14]

Im pretty sure the answer is C loans

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3 years ago

Read 2 more answers

After studying the differences between groups and teams, Devon realizes that she and the people she works with every day fall so

Anvisha [2.4K]

Answer:

a. semi-autonomous

Explanation:

Semi autonomous has a dictionary meaning that states being independent to some defined extent.

In the given instance also Devon thinks that her colleagues or coworkers are somewhere between the two categories, that is up to a certain extent they are really independent in their views. While on the other hand, at some situations their views depend on the things like views of coworkers.

Thus, using the term that the coworkers are semi autonomous is correct as to the concern they can exercise their own powers in half way.

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3 years ago