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amid [387]
3 years ago
15

According to David Ricardo, increases in government spending unaccompanied by tax increases will not necessarily increase aggreg

ate demand because a. consumers will consume less and save more to prepare for increased taxes in the future. b. the private sector is more likely than the public sector to spend any extra income on national defense. c. consumers will increase their consumption proportionately more than Keynesian economists believe they will. d. consumers will save less than they otherwise would have.
Business
1 answer:
Nataliya [291]3 years ago
5 0

Answer:

Option (a) => consumers will consume less and save more to prepare for increased taxes in the future.

Explanation:

The man named David Ricardo was one of the great Economist of his time. David was born on the 18th day of the month of April, in the year 1772 in London,United Kingdom. David Ricardo died on the 11th day of the month of September, in the year 1823.

David Ricardo worked and proposed a theory called the ricardian equivalance. The ricardian equivalance theory is actually about how Government spend and how taxes are being distributed. The theory simply says that if the Government spend a lot without taxing the citizens,the citizens tends to save more because they(citizens) know that they(Government) will later increase their tax so as to balance the spendings by the government. Therefore, option (a) is correct.

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Explanation:

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3 years ago
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Answer:

D. Customers and suppliers willing to learn and evolve with new technology

Explanation:

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2- Manage proper communication strategy that conveys the benefits of adopting the new system and conduct training for all the users.

However, there will still be resistance from certain suppliers and customers  to the adoption of the new system. Which can lead to failed implementation of the system. However by doing the following, any organization can make sure that customers and suppliers quickly become an integral part of the IT system:

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3 0
3 years ago
When text is indented in an outline, what does that usually mean?
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D

Explanation:

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3 0
3 years ago
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nordsb [41]

Answer:

The correct word for the blank space is: specific job; process.

Explanation:

The cost object represents the cost of an object or department for which that cost is assigned. For instance, the repairs department of a dealership is a cost object of the repairs employees and the repair supplies. Cost objects are usually traceable thus are treated as direct costs for accounting purposes.

Then, <em>the cost object of a job order is the specific job assigned</em>; <em>while the cost object of a process costing system is the process </em>itself.

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Answer:

Explanation:

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3 years ago
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