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Alik [6]
3 years ago
6

If an economy is experiencing inflation, Group of answer choices a) aggregate demand is below full-employment and the government

will increase spending and decrease taxes. b) aggregate demand is above full-employment and the government will increase spending and decrease taxes. c) aggregate demand is below full-employment and the government will decrease spending and increase taxes. d) aggregate demand is above full-employment and the government will decrease spending and increase taxes.
Social Studies
1 answer:
alexira [117]3 years ago
5 0

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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The collective body of ideas that members of a culture generally share concerning the ultimate shape and substance of their real
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<em>Worldview</em>

Explanation:

A worldview <em>is the collection of views about basic elements of reality that underlie and  impact the perception, thinking, understanding, and doing of everyone. </em>

An individual's worldview is also called his philosophy, mindset,  life perspective, ideology, belief and religion.

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3 years ago
A production system in which goods dominate the value of the product is known as a _____ system.
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A manufacturing system is a mode of production where the value of the items predominates.

<h3>What are the fundamentals of manufacturing?</h3>

Three fundamental elements must be present in a production system: Raw materials or components utilized as inputs in the manufacturing process. Processes are the strategies and tactics utilized to change inputs into the intended results. The goods or services produced as a result of manufacturing are referred to as outputs.

<h3>What role does the manufacturing system play?</h3>

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8 0
1 year ago
*** = my answer
nlexa [21]

Answer:

1. a. Our nation's founders based their new government on old ideas.

This answer is correct because all other options are merely points made but not the primary subject of the paragraph. The passage is not focused on options b, c, or d.

2. c. Our democratic republic has ancient Greek and Roman roots.

This answer seems to be correct. The passage does explain that our nation's founders based their new government ideas on old ideas that primarily came from Rome and Greece.

3. d. Government is created to serve the people.

In my opinion, this option is the correct answer. According to the passage, the citizens were the one's to elect the representatives and what not. It does not mention much of the government protecting its people or making sure they had the strongest leader. The paragraph also does not mention the government keeping countries safe from war.

3 0
3 years ago
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