If an economy is experiencing inflation, aggregate demand is above full-employment and the government will increase spending and decrease taxes.
Answer: Option B
<u>Explanation:</u>
The inflationary gap occurs when total demand is greater than the level of the outcome at full employment. Therefore, inflationary gap is the estimation of the excess amount of total demand over total supply at full employment. The hike in the amount of discretionary income for both consumers and business results from the government’s expansionary fiscal policy.
When government or pivotal authority slit taxes the investment for capital improvement, new hiring or employee’s payment reimbursement is processed by businesses and consumers may spend more for buying goods. The government can also encourage economy by investing in infrastructure projects. Such actions can result in a price hike due to the high demand for goods and services.
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Answer:
A few major types of interviews
- informational interview
- individual interview
- screening or telephone interview
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Answer:
Following are the purpose of the consumer price index (CPI) is given below .
Explanation:
- The Consumer Price Index is to determine the average cost shift across the time payable by the client for the collection of the products and the services.
- Consumer price index is used for the indicator and the inflation as well as the implication, of the financial policy of the Country.
- The main objective of consumer price index is to determining the urban salaried employees as well as the admin staff.
