Answer:
To restore full employment in the short run during an inflationary gap condition, the government has to apply contractionary fiscal and monetary policies that will reduce the supply of money.
Explanation:
An inflationary gap is an economic situation that is characterised by excess demand. Particularly it is that situation when the real gross domestic product of a country is greater than the projected gross domestic product. In this condition, actual aggregate demand is higher than potential aggregate demand implying that more goods and services are needed to satisfy consumers. From another perspective, this could be caused by a fall in aggregate supply while aggregate demand remains stable.
Government intervention in this case is to reduce the money supply by implementing contractionary fiscal policies such as increasing taxes, reducing government expenditure which in turn reduces disposable income. Contractionary monetary policies that could be applied include increasing short-term interest rates, increasing reserve requirements. Though this policies come in with some unwanted side effects such as unemployemnt, they however serve as short term adjustment measures for an inflationary gap condition.
Answer:
The American Recovery and Reinvestment Act of 2009 (Recovery Act) - which President Obama signed into law on February 17th, 2009 - was an unprecedented action to stimulate the economy. It included measures to modernize our nation's energy and communication infrastructure and enhance energy independence.
Explanation:
Answer:
true
Explanation:
Our western civilization is leaning towards empowering people, specially women and minorities. Men and women are considered equal, and neither of them will accept an authoritarian leader.
Authoritarian leaders are self centered and try to focus everything on them. They don't like to accept suggestions or ideas from their subordinates and dislike creativity. Even benevolent autocratic behavior is bad, it is less bad than other types of autocrats, but still bad. Benevolent autocrats try to inspire and guide their subordinates, of course, all under his/her wing.
On the other hand, a democratic leadership style that fosters employee participation in the decision making processes is easily accepted by most employees nowadays. In our western culture, we believe in democracy and any gain made that increases our rights and well beings in our work, school, or society in general is considered positive. While any behavior that goes against our rights or democratic beliefs will be disliked.
Answer:
$9,097
Explanation:
Net cash flow from operating activities = + $47,042
Net cash flow from investing activities = - $21,831
Net cash flow from financing activities = - $28,397
Net cash flows for the period = - $3,186
Beginning cash account balance = $12,283
Net cash flows for the period = - $3,186
Ending cash balance = $9,097
The answer is maslow's levels of needs. The maslow termed physical, security, fitting, love, esteem, self-actualization and self-transcendence to define the array that a person inspirations usually change over and done with. The aim of maslow theory is to accomplish the sixth level of stage which is self transcendent requirements.
