Complete Question:
One of the long-run effects of higher government budget deficits:
A. is growth in the economy's private sector at the same time the government sector shrinks.
B. a redistribution of real Gross Domestic Product (GDP) away from government-provided goods and toward more privately provided goods. C. a fall in the equilibrium price level.
D. an increase in the government's share of the nation's economic activity.
Answer:
D. an increase in the government's share of the nation's economic activity.
Explanation:
One of the long-run effects of higher government budget deficits is an increase in the government's share of the nation's economic activity because it would be mainly responsible for funding of the economy, thereby causing higher real Gross Domestic Product (GDP).
A government budget deficit arises when government expenses exceed it's revenue.
It usually expresses the financial health of a nation over a period of time.
Answer:
Roman philosopher Seneca once said, “Luck is what happens when preparation meets opportunity.”
Explanation:
That statement is True.
<span>two-way exercises always brought a more positive result for any types of the education process.
In order to make the education process become efficient, it is important for the learners to keep an open mind and not afraid to ask answers for the things that they couldn't understand and it is important for the speaker to have a deep knowledge regarding the subject</span>
Answer:
In response to this call, the bondholders should Accept the call as call price exceeds the conversion value
Explanation:
Number of shares (if bonds are converted) = par value/conversion price = 1,000/33.33 = 30 shares
Current value of 30 shares = 30*current share price = 30*33.10 = $993.10
Call price of $1,025 is greater than the current value of converted bonds, so bondholders should accept the call
Answer:
Senida is approached by a sales person to buy some perfume. The sales person uses the foot-in-the-door technique of gaining compliance to make Senida feel a need to buy the perfume. The sales person is taking advantage of the principle of <u>cognitive dissonance</u> to persuade Senida to buy the perfume.
Explanation:
<u>Cognitive dissonance</u> is the state of having inconsistent thoughts, beliefs, or attitudes, especially as relating to conduct decisions and attitude change.
