Answer:
The correct answer is regarding the model, is that an individual firms prices are flexible but the level of the price is fixed.
Explanation:
The aggregate expenditure model is the model in which the sum or total of all the expenditures are undertaken in the economy with the factors during the particular time period.
The equation is:
AE = C (Consumption) + I (Investment) + G (Government) + NX (Net Exports)
In this model, it is assumed that the prices of the individual firm are flexible whereas the price level is fixed.
Answer:
Inflation occurs when prices rise across the economy, decreasing the purchasing power of your money.
Explanation:
Can I please get on the brainlist
It should disclose all the terms and conditions, otherwise the purchase agreement wouldn't be binding.
Answer:
Increasing government spending in the form of infrastructure and welfare
Explanation:
In order to reduce the national debt, the government need to take a conscious measure to use the government budget as little as possible.
Investment in infrastructures (such as military bases,. building new roads or parks) and government programs (such as expensive healthcare or government funded jobs) tend to take a large amount from the government budget. This will most likely resulted in the increase of national debt.
<span>The process of earning your income is called earning a living. It may be because we need different things to live a comfortable life. For these, we need a income first. So by earning income, we are indirectly earning a (comfortable) living.</span>
