What do Keynesians mean when they say that "you can't push on a string"?

Business

1 answer:

sergij07 [2.7K]3 years ago

7 0

Answer:

c. An increase in the money supply will not always stimulate the economy.

Explanation:

The central bank with a series of bad policies or with the intention to do it, it can slow down the economy or generate a recession by changing interest rates, money supply and other instrument.

But, it cannot stimulate "push" the ecnomy with the same instrument or measure it used to slow dowm (interest rate and money supply)

Thus, making the central bank ineffective to drive the economy out of a recesssion.

You might be interested in

Kitchen magazine plans to license the use of its name by a line of cookware. For a magazine, licensing the use of its name for p

babunello [35]

Answer: Option C

Explanation:

A. In the above case the statement stating superiority of cookware is stated by the experts themselves thus it cannot be considered an assumption.

B. The above case clearly states that the magazine generates revenues from advertising thus it is not an assumption made, actually its a fact stated in the case that magazine will do so.

C. Nothing has been stats about the perspective of the cookware company as they might find the magazine unsuitable as there would be commercials for their competitors. Thus, we can say that it is an assumption.

5 0

3 years ago

Type the correct answer in the box. Spell all words correctly. Which entities offer certifications and qualifications in account

Bas_tet [7]

Answer:

Being a member of any of these professional bodies gives you an edge in the Accounting profession.

Institute of Chartered Accountant of Nigeria

Institute of Chartered Accountant of Ireland

Institute of Chartered Accountant of England and Wales

Association of Accounting Technicians

Association of Certified Chartered Accountants

Chartered Institute of Management

and others

Explanation:

4 0

3 years ago

In personal branding the price component of the marketing mix

shepuryov [24]

In price branding, here are the price components of the marketing mix:
- suggested retail price ror SRP
- seasonal pricing
- price discrimination
- Price strategy
- Cash and early payment discounts
- bundling
- Price flexibility

7 0

3 years ago

Elon is a manager who organizes his department into teams at the beginning of September. By November, he worries because the tea

Diano4ka-milaya [45]

My best advice to give Elon is to be patient because the teams are in the storming stage.

<h3>What is a storming stage?</h3>

A storming stage is characterized by employee starting to push against the established boundaries which could led to Conflict

Because the team are in storming stage, the manager need to give them time to reach the norming and performing stages.

In conclusion, my personal best advice is to Elon is to be patient because the teams are in the storming stage