<span>If marginal utility of apples is diminishing and is a positive amount, consuming one more apple will cause </span>total utility increases as the marginal utility is still positive.
The three stances are the neutral fiscal stance, which occurs when the budget is well balanced and the economy is in equilibrium; then there's the<span> expansionary fiscal stance in which the spending exceeds tax revenues, which occurs usually during hard periods such as recessions; and the final stance is </span><span>the contractionary fiscal stance, in which the government spends less than what the tax revenue is. </span>
Answer:
a) complete crowding out.
Explanation:
This is an example of crowding out effect, when government increases it's involvement in a market, such that it reduces private sector investment, it is called crowding out
Answer:
Management alternatives could be compared based on how they impact ... Ultimately, identifying a widely acceptable solution requires that each ... It might be agreed that the cost elements of the decision problem are ... It may be desirable during a later step in the decision process to convert other impacts into dollars.
Answer:
D
Explanation:
All of the above. These will help you!
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