Answer:
America's involvement in World War II had a significant impact on the economy and workforce of the United States. Our involvement in the war soon changed that rate. American factories were retooled to produce goods to support the war effort and almost overnight the unemployment rate dropped to around 10%.
Explanation:
Answer: Ethnographic research
Explanation:
The ethnographic research is one of the type of quantitative technique that helps in understanding the research interacting process with the real environment.
The main purpose of this type of research is that it helps in interpreting the given data for evaluating its implications and also illustrating the social culture on the basis of the observations.
According to the given question, the ethnographic research is one of the special observational method that discovered the behavior and reaction of the customers.
Therefore, Ethnographic research is the correct answer.
A big increase in government spending is an example of a positive demand shock.
A demand shock is a sudden event that increases or decreases demand for goods or services temporarily. A positive demand shock increases aggregate demand and a negative demand shock decreases aggregate demand. Therefore there will be an initial inflation with the shock but since demand shocks are temporary and the central bank commits to an inflation rate target, then over time inflation will fall back down to the inflation target.
Expansionary fiscal policy is an increase in government spending or a decrease in taxation, while contractionary fiscal policy is a decrease in government spending or an increase in taxes. Expansionary fiscal policy can be used by governments to stimulate the economy during a recession.
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