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kramer
3 years ago
14

When the economy is in a severe recession, an increase in aggregate demand will lead to __________.

Business
1 answer:
tester [92]3 years ago
6 0

Answer:

The correct answer is letter "A": an increase in the long-run equilibrium level of output.

Explanation:

Aggregate Demand is a macroeconomic term describing the total demand in an economy for all goods and services at any given price level in a given period. That scenario implies aggregate demand is the demand for the Gross Domestic Product (<em>GDP</em>) of a country.

In front of a recession, the government should promote the increase the aggregate demand by <em>lowering rates</em> so more loans will be available and reachable. With more loans, more investments come and in the long term, the output is likely to hit its equilibrium point.

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What is unemployment insurance fund
MArishka [77]
Salutations!

What is unemployment insurance fund?

Unemployment insurance fund is a short term holiday, or consolation where workers do not work due to personal issues, such as: illness, family cases etc.

Hope I helped :D
3 0
3 years ago
decides to use the needs approach to determine how much life insurance to buy. Her cash needs are $30,000; her income needs are
nadya68 [22]

Answer:

$130,000

Explanation:

For determining the additional life insurance required first we need to follow some steps which are shown below:-

Step 1

Total needs = Cash needs + Income needs + Special needs

= $30,000 + $140,000 + $100,000

= $270,000

Step 2

Total assets held = Bank accounts + Retirement plans + Investment accounts

= $20,000 + $30,000 + $40,000

= $90,000

Step 3

Total amount of life = $270,000 - $90,000

= $180,000

and finally

Additional life insurance required =

The Total amount of life - Life insurance provided by the employer

= $180,000 - $50,000

= $130,000

3 0
3 years ago
Monopolistically competitive markets are characterized by a large number of firms A economies of scale B standardized products C
zavuch27 [327]

Answer:

The answer is B. standardized products

Explanation:

Monopolistic Competition has the following characteristics :

1. There large numbers of buyers and sellers

2. The products offered by sellers are close substitutes for the products offered by another seller.

3. The costs associated with entry and exit are low.

4. Sellers differentiate their products through advertising, branding etc.

Know that the most distinguishable factor in this market is product differentiation or standardized products.

The extent to which the seller is successful in product differentiation determines pricing power in the market.

The demand curve in this market is downward sloping i.e increase in price will lead to decrease in quantity demanded. This market is similar to perfectly competitive market.

The economic profit will fall to zero in the long run because the entry costs are not high.

7 0
3 years ago
Trevor Guerney is a manager who believes that those who are to be affected by a change must be involved in the change. Consequen
ollegr [7]

Answer:

Explanation:

Trevor's team has positive leader-member relations

3 0
3 years ago
59. What is a contingency? a. An existing situation where certainty exists as to a gain or loss that will be resolved when one o
Vera_Pavlovna [14]

Answer:

Correct option is D.

Explanation: A contingency is an existing situation where uncertainty exists as to possible gain or loss that will be resolved when one or more future events occur or fail to occur.

In business, a contingency plan is a plan or course of action a company would implement if an unexpected event occurs. Basically, what this means is that a company is preparing for any outcome.

6 0
3 years ago
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