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GarryVolchara [31]
3 years ago
13

If government tax revenues change automatically and in a countercylical direction over the course of the business cycle, this wo

uld be called a(n): 
A. Discretionary fiscal policy
B. Expansionary fiscal policy
C. Political business cycle
D. Nondiscretionary fiscal policy
Business
1 answer:
luda_lava [24]3 years ago
7 0

Answer: Option (C) is correct.

Explanation:

Correct Option: Political business cycle

If government tax revenues change automatically and in a countercylical direction over the course of the business cycle, this would be called a Political business cycle.

These cycles are present in macroeconomic variables such inflation rate, output and unemployment. There are two types of regime follow in this cycle are as follows:

(i) Regime A consist of expansionary polices which results in a economic growth and inflation. If the inflation rate is high enough then there is a withdrawal of policy.

(ii) Regime B consist of contractionary polices which results in reducing economic growth and inflation. It will become voted out if the unemployment is too high, replaced by Regime A. It generally lead to downward movement of the cycle.

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8 0
2 years ago
Exxon's response to the 1989 Valdez tanker oil spill in Alaska is an excellent example of a company using thoughtful crisis mana
PilotLPTM [1.2K]

Answer:

Exxon's response worsened its public standing.

Explanation:

Crisis management is the application of game plan to help an organization deal with a sudden and significant negative event.

The Exxon's response is a perfect example of how company should apply thoughtful response in crisis management because Exxon corporation failed to follow several well-established procedures thereby damaged its public standing, failed to seize control of developments after the spill and sending lower-ranking executive to address the situation instead of the chairman going there himself to take control of  the situation in a possible way.

The action taken by Exxon led to the impression that the company disregard pollution problem by not involving top management.

6 0
3 years ago
_____ is the process of planning and controlling the development of a system within a specified time frame at a minimum cost wit
Ilia_Sergeevich [38]

Answer:

A. Project management

Explanation:

It helps by identifying the plans and estimating the minimal possible time and cost needed to complete a project or development

8 0
3 years ago
Wich agricultural CTSO has programs for middle school and high school students as well as college students?
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National ffa is the answer
4 0
3 years ago
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The monthly amounts spent for food by families of four receiving food stamps approximates a symmetrical, normal distribution. Th
otez555 [7]

Answer:

The correct answer is D

Explanation:

Empirical rule is the rule in statistics, which defined as that for the normal distribution, that is as:

68% of the data fall under one standard deviation of mean.

Data which is 95% lie under the two standard deviations of the mean.

Data (All) which is 99.7%  lie under the three standard deviations of the mean.

So, in this case, the sample mean fall under second category, which is as:

= Sample mean ± 2 (Standard deviation)

= $150 ± 2($20)

= $150 ± $40

= $150 + $40 and $150 - $40

= $190 and $110

3 0
3 years ago
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