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vivado [14]
3 years ago
7

Two years​ back, the Republic of​ Terbia, a developed​ economy, experienced a massive boom in the information technology​ (IT) i

ndustry. The rapid expansion of credit to the firms in this industry resulted in a significant increase in employment and prices in the economy.​ However, due to overvaluation and speculation in the​ market, stock prices of these firms fell sharply. IT being one of the most important​ sectors, this downturn affected the economy​ adversely, leading to a recession. Alicia​ White, an industry​ expert, suggests that expansionary monetary policy by the central bank is necessary to induce greater spending in the economy.​ However, Jaime​ Russell, a teacher at a community​ college, disagrees. According to​ him, increasing the supply of money would not help. The only possible impact of a fall in the interest rate would be an increase in aggregate supply.​ This, in​ turn, will reduce prices and profits further.​ Instead, the government should use expansionary fiscal policies to boost aggregate demand. Alicia and Jaime are most likely to have a difference of opinion on which of the​ following?
A. Falling prices in Terbia could indicate a slump in aggregate demand.
B. An expansionary fiscal policy can lead to an increase in prices in Terbia.
C. Expansionary monetary policy is more effective under a flexible exchange rate system.
D. Consumers in Terbia are confident that the economy will turn around in the near future.
E. Cyclical unemployment in Terbia has increased in recent months.

Business
1 answer:
lubasha [3.4K]3 years ago
4 0

Answer:

D. Consumers in Terbia are confident that the economy will turn around in the near future.

Explanation:

Please consider the information provided by you in the exercise. If you have any question please write me back. Please take a look to the image attached.

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Answer:

Amount saved by the owner is $225.

Explanation:

given,

the property has been assessed = $40,000

the city tax rate = 10 mills = 0.001

country tax rate = 9 mills = 0.009

school board levy = 9 mills = 0.008

owner gets homestead tax exemption of = ?

Homestead tax exemption is used to same money from paying tax on their property every year.

homestead tax exemption given is  $25,000

Money saved by owner = $25,000 homestead exemption × county tax rate

                                       = $25000 × 0.009

                                       = $ 225

Amount saved by the owner is $225.

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On july 1, shady creek resort borrowed $280,000 cash by signing a 10-year, 9.5% installment note requiring equal payments each j
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$26,600

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3 years ago
How to write a table of content ​
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The table of contents should include all of the front matter, primary material, and back matter, as well as the chapter titles, page numbers, and bibliography. A decent table of contents should be simple to read, correctly formatted, and finalized to ensure complete accuracy.

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After the title page, begin a new page.

List the document's headings in alphabetical order.

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2 years ago
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