The ability to telecommute has come largely from the development of f<span>aster and more reliable internet capabilities</span>. Telecommuting allows people to work remotely and travel while working. This gives more flexibility to various lifestyles and also allows more people who benefit from working from home. Internet has greatly changed how people connect with one another.
Answer:
kept the same in order to achieve allocative and productive efficiency.
Explanation:
Full production means that employed resources are providing maximum satisfaction for our material wants. Full production implies two kinds of efficiency: 1. Allocative efficiency means that resources are used for producing the combination of goods and services most wanted by society
Answer: c. valid
Explanation:
Even though at the time the contract was executed by the agent it was unauthorized, the fact that the company then ratifies the contract means that they agree with it and have now authorized it.
This would validate the contract because it now has the consent of the party that it was signed for which is Mindwonder Games LLC. Had the contract not been ratified then it would have been void.
According to macroeconomic theory and money supply in the economy, the scenario as an example of expansionary fiscal policy includes "<u>A decrease in taxes."</u>
Other scenarios as an example of expansionary fiscal policy include the following:
- An increase in government spending;
- An increase in corporate bonds purchased;
- An increase in the money supply;
Expansionary fiscal policy is a type of policy designed to increase the money supply in the economy.
On the other hand, examples of contractionary fiscal policy include the following:
- A decrease in government spending;
- A decrease in transfer payments to dampen economic activity;
- An increase in taxes;
- A decrease in the money supply;
Contractionary fiscal policy is a type of policy designed to decrease the money supply in the economy.
However, the scenarios which are considered as not examples of fiscal policy include the following:
- A decrease in the unemployment rate;
Hence, in this case, it is concluded that fiscal policy used by the government can either be expansionary or contractionary.
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