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slava [35]
3 years ago
6

Assume the economy is at full employment but planned investment exceeds saving. Other things being equal, what fiscal policy act

ions would best address this problem?
Business
1 answer:
Scrat [10]3 years ago
3 0

Answer:

Increase taxes and decrease government spending

Explanation:

Fiscal policy is used to bring an economy back to normal.

When the economy is at full investment and planned investment is greater than savings, the best policy action would be to Increase taxes and decrease government spending. By increasing taxes there would be a fall in disposable income and household spending would decrease.

Changes in fiscal policy has effects on GDP, unemployment, and inflation. In this question this would be contractionary fiscal policy. Aggregate demand would fall and there would be lower output, lower employment and lower price level

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Which of the following statements about cover letters is false?
Radda [10]

The false statement about cover letters from the list of options is C. A cover letter is sent before a résumé so that the employer knows it is coming.

<h3>What is a Cover Letter?</h3>

This refers to the one-page document that a job seeker submits with his resume or CV that serves as an introduction.

Hence, we can see that based on the fact that cover letters are used by job seekers to make an introduction of themselves, we can see that sending it before a resume is false.

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6 0
2 years ago
Primary and secondary liability only relates to signature liability, not to warranty liability.
Elanso [62]

Answer:

B. False

Explanation:

4 0
3 years ago
Read 2 more answers
What is the meaning of Constitution ​
Ainat [17]

Answer:

A Constitution is a formal document that sets out the rules governing a company. It also defines the relationship between the company, shareholders, director and other officers of the company. ... This is an important legal document that has to be taken into consideration when registering a new company.

5 0
3 years ago
Cost of transporting raw materials in the manufacture of steel is unimportant in considerations of where to locate a steel mill.
V125BC [204]

Answer:

The correct answer is False.

Explanation:

The manufacture of iron and steel involves a series of complex processes, whereby iron ore is extracted to produce steel products, using coke and limestone. The conversion processes follow the following steps:

(a) coal coke production, and by-product recovery,

(b) mineral preparation (eg, synthesize and form pellets),

(c) iron production,

(d) steel production, and

(e) casting, laminating and finishing.

You can perform these steps in a single installation, or in several completely separate locations. In many developing countries, scrap steel is manufactured in an electric arc furnace. Therefore, steps (a) through (c) may not always be applicable to all steelmaking projects. An alternative way to produce steel is that of direct reduction, using natural gas and hydrogen. The product of this process, spongy iron, becomes a steel arc furnace; then the ingots melt, and for this the non-flat products are produced with one or two laminators. They are called "mini factories".

4 0
3 years ago
The following information is available for Harrison’s Hot Dogs: Actual production 12,320 packages, Budgeted production 12,500 pa
muminat

Answer:

$3,060 Unfavorable

Explanation:

<em>Variable overhead efficiency variance is the difference between the actual time taken to achieve a given production output less the standard hours for same multiplied by the standard variable overhead rate</em>

<em>Variable overhead efficiency variance is determined as follows:</em>

                                                                                                Hours

12,320 packages should have taken (12,320 × 1.5 )           18,480.

but did take                                                                           <u>19,500</u>

Efficiency variance ( in hours  )                                             1,020 Unfav.

× standard variable OH rate                                                 <u> × $3</u>

Variable overhead efficiency variance ($)                       <u>$3,060 Unfavourable</u>

                                                       

6 0
4 years ago
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