Pedro is a Keynesian economist and argues that in a downturn, state intervention is the key for economic recovery.
Keynesians believe that GDP (Gross Domestic Product) is positively influenced by aggregate demand. Hence, in order to boost GDP growth after a downturn, the state should step in the economy by increasing public expenditure. This will help to create job positions, increase the disposable income of households and therefore increase overall demand for goods and services.
If more goods and services are demanded, the same cycle restarts as firms would hire more staff in order to increase production to a greater extent to meet the new necesities. The more people who is employed, the more income avilable to continue increasing private expenditure and investments, which in turn GDP and bring economic growth.
<em><u>To make it clearer, the following is the GDP formula for a certain time period</u></em>
<em>GDP = Private Consumption + Private investment + Public expenditure + Exports - Imports </em>
Answer:
Niger it sounds bad. but i do believe this is it.
The correct answer is D: "Public works projects". Indeed, during the reign of Emperor Augustus, many constructions were built such as the <em>Temple of Caesar</em>, the <em>Temple of Mars Ultor</em>, the <em>Baths of Agrippa</em> and the <em>Ara Pacis</em> (an altar dedicated to Peace). Moreover, a lot of roads were built to enhance trade.
The answer is A. relax herself after a rough day at work
Answer: Directive and supportive
Explanation:
The directive and the supportive leadership are the approaches that helps the employees of an organization by proving the proper training for dealing with the time and emotions.
The directive leadership is basically helps in reducing the stress of the employees and also give training for accomplish the given tasks effectively.
On the other hand, the supportive leadership is helps in resolving with the various types of issues and also increase the productivity. Therefore, the directive and supportive leadership are the combination of the path goal theory.
