Answer:
The correct answer is: cut spending equal to the reduction in tax revenue.
The correct answer is: The negative consequences of the recession are magnified.
Explanation:
Recession is likely to cause a reduction in the aggregate demand, consumer income, and spending will decrease as well. As a result, the tax revenue to the government will fall as well.
A balanced budget means that government expenditures should be equal to revenue. So if the government wants to have a balanced budget it needs to reduce its spending by the same amount as the reduction in the tax earnings.
This will lead to a reduction in the aggregate demand further magnifying the effects of the recession.
Answer: false
Explanation:
Annuity due is an annuity whereby the payment is normally due at the beginning of every period which can be annually, semi annually, monthly, or quarterly. Examples of payments with annuity due include rents and, leases.
In ordinary annuity, the main difference is that the payments have to be made at the end of every period.
It should be noted that the present value of an annuity due is typically worth more when it is compared to the present value of ordinary annuity.
Answer:
c. is an institution that brings together buyers and sellers.
Explanation:
A market: is an institution that brings together buyers and sellers.
In mainstream economics, the concept of a market is any <u>structure that allows buyers and sellers to exchange any type of goods, services and information. </u>The exchange of goods or services, with or without money, is a transaction.
Furthermore it can be said to be any place where sellers of particular goods or services can meet with buyers of those goods and services by creating the potential for a transaction to take place.
Answer:
Ethos
Explanation:
Ethos is one of the three Aristotle's elements of good communication that is based on credibility. It explains the reason why a listener should believe what you are saying to them.
This can also come as a result of ones position and in the environment where he is communicating or because of his expertise and skills and knowledge in the subject of communication which actually convince the listeners that you are more knowledgeable.
Ken's position as Dexter's trainers makes allows his credibility to Ken.
Answer:
This is a situation of derived demand. The demand for electronics is derived from that of rare earth metals.
So if the price of extraction of rare earth metals increases, supply will not meet demand, prices of rare earth metals will go up.
Since demand for electronics is derived from that of rare earth metals, the price of electronics will go up to accommodate the price change of the rare earth metals.
Explanation:
