The countercyclical policy is complementary to the downfall of GDP. The preferred countercyclical policy is frequently monetary strategy.
Consumer spending decreases and total demand falls during a recession, which allows the government to implement a countercyclical policy to the way the economy is moving. Such a countercyclical policy would result in the intended expansion of output (and employment), but would also raise prices because it would expand the money supply. Increased demand will put pressure on input costs, particularly labor, as an economy draws closer to operating at maximum capacity. Hence, workers then spend their extra money on more products and services, which drives up prices and wages and accelerates overall inflation, an outcome that governments often try to prevent with countercyclical policy.
Learn more about countercyclical policy here:
brainly.com/question/17062330
#SPJ4
Through his speech, La Follette argued and put forward the message that United States's treatment has not been fair and equal.
<u>Explanation:</u>
On April 4, 1917, two days after President Woodrow Wilson's call for war, La Follette contended in the speech Congress that the United States had not been fair in its treatment of British and German infringement of American impartiality.
A Republican congressperson from a state with an enormous farming and German-American populace, La Follette stressed that the war would occupy consideration from household change endeavors. Be that as it may, even in Wisconsin La Follette met resistance; the state lawmaking body reprimanded him, as did a portion of his long-term dynamic partners. One of them said that he was "of more assistance to the Kaiser than a fourth of a million soldiers." - History Matters.
Answer: Firms are primarily sellers in the goods and services market and buyers in the labor market.
Explanation: The goods and services are dispensed by the firms in order to make the potential customers pay the fixed prices and buy them. This activity of the firms categorizes them as 'sellers' in the goods and services market. On the other hand, in the labor market, the firms pay a fixed price for the labor to carry out the activities of manufacturing and selling. Hence, in the labor market, firms are categorized as 'buyers'.
Answer:
Variable.
Explanation:
The amount of drinks consumed will change dependant on each individual.
