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andrew11 [14]
3 years ago
9

The government accounting office (gao) announces deep cuts to social security, medicare, and welfare programs. which determinant

of aggregate demand causes the change? price consumer spending investment spending government spending
Business
1 answer:
alex41 [277]3 years ago
3 0

Government spending.

When government spending is high and outpaces revenues, agencies often decide to cut important programs to try to make up the difference.

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Selective distortion is a process by which: a.consumers interpret information in ways that are biased by their previously held b
Sever21 [200]

Option A. It is a process by which consumers interpret information in ways that are biased by their previously held beliefs.

<h3>What is selective distortion?</h3>

This is the term that is used to refer to the way people reason using their subconscious mind.

This type of reasoning happens as a person would try to make new information to fit with the old reasoning they have.

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6 0
1 year ago
Historical data show that during the recession of 1990–1991, the natural rate of unemployment was about 5.9% while the actual un
Lapatulllka [165]

Answer:

The actual unemployment rate was higher during the recession of 1990−1991, while cyclical unemployment was higher in 2001.

Explanation:

Given data in the question

In the year 1990-1991

The natural rate of unemployment = 5.9%

The rate of the actual unemployment = 7.0%

In the year 2001

The natural rate of unemployment = 4.8%

The actual unemployment rate = 6.0%

As we can see that

The actual unemployment is high in the year 1990-1991 i.e 7.0% as compare to the year 2001 i.e 6.0%

While the cyclical unemployment rate is high in 2001 i.e 1.2% (6.0 - 4.8%) as compare to the year 1990-1191 i.e 1.1% (7.0% - 5.9%)

6 0
3 years ago
You are a student at ABC University. You recently read in the school's daily newspaper about a terrific investment opportunity t
Vlada [557]

Answer:

No

Explanation:

An investment that "promises" a 44 percent annual return is most likely a scam, because even the riskiest stocks rarely yield annual returns higher than 10% of the initial investment.

Besides, the option is described as very complicated, and you as a potential investor do not understand it well, which is a very difficult position to be in because it could even lead you to being scammed without realizing.

4 0
3 years ago
In a finance lease:
Maslowich

Answer:

A) the lessee records an asset and a liability for the present value of lease payments.

Explanation:

In a finance lease, the lessee business must estimate the present value of its obligations under the lease contract (using the lease's interest rate as the discount rate) and record it in the balance sheet as:

  • a debit entry under the fixed asset account
  • a credit entry under the capital lease liability account
7 0
2 years ago
How do strategic leaders manage their firm’s resource portfolio effectively to exploit its core competencies and leverage its hu
Degger [83]

Strategic leaders manage the firm's portfolio of resources by organizing them into capabilities, structuring the firm to use the capabilities, and developing and implementing a strategy to leverage those resources to achieve a competitive advantage.

<h3>What is strategic leadership and how do you become a strategic leader?</h3><h3>Strategic leadership skills and characteristics</h3>

Key traits of an effective strategic leader include loyalty to the organization's vision, judicious use of power, transparency, effective communication, problem-solving, readiness to delegate, passion for their job, compassion, and empathy for others and self-awareness.

<h3>Why is strategic planning considered a core responsibility of an effective leader?</h3>

“Strategic planning” means planning for long-term success by continually leveraging new sources of information.

A strategy enables leaders to anticipate changes, opportunities, and challenges in the business environment that will make an impact on the future of the organization and its members.

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8 0
1 year ago
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