Answer: Keynesian Economic Theory
Explanation: The policy adopted by the President was to cut back taxes and increase government spending on road, bridges and schools. This policy of the government is called the expansionary fiscal policy which is used to combat an economy suffering from recession. The Keynesian theory also supports the argument that when an economy is suffering from recession, economic output is influenced by aggregate demand. Thus, the government and use its fiscal policy tools to bring the economy out of recession. It also supports that the Fed can also use its monetary policy to bring the economy out of recession. But since here taxes and government spending are uses, we can say that Obama was a proponent of Keynesian Economic theory.
Answer:
b. present both offers at the same time
Explanation:
An agent should be Palin and explicit with his principal and in this sense should present all relevant details that would affect the principal on agreement made. In the above case, the agent must present all offers to the principal regardless of whether they seem unfavourable to the principal/seller and also in a timely manner. It does not matter therefore if the offers don't look good and that the seller is likely to reject it so long as the agent gives all information concerning all offers.
Answer:
60%
Explanation:
To calculate the percentage assigned to cost of goods sold
, we should use the formula:
= 60%
Therefore, the percentage assigned to Cost of goods sold is 60%
Answer:
they use financial statements and other information prepared by accountants to make financial decision and are focused on the cash flows, the inflows and outflows of cash.
Explanation:
Open market operations involve buying and selling securities to influence the money supply. The correct answer is C.
