Answer
The answer and procedures of the exercise are attached in the following archives.
Step-by-step explanation:
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
Answer:
Amount added in GDP = $2200.
Explanation:
Given:
Spend on treasury bond = $1,000
Spend on tires = $1,200
Find:
Amount added in GDP
Computation:
Amount added in GDP = Consumption + investment
Amount added in GDP = $1200+$1000
Amount added in GDP = $2200
The answer is B. Demand-based pricing
It also commonly known as customer-based pricing in which the marketer basically adjust the product's price according to market's demand
To get this information, usually the marketing will give some sort of questioner and give a free product to selected people and tell them to test it
Answer:
reduces aggregate demand by decreasing government purchases.
Explanation:
Fiscal policy in economics refers to the use of government expenditures (spending) and revenues (taxation) in order to influence macroeconomic conditions such as Aggregate Demand (AD), inflation, and employment within a country. Fiscal policy is in relation to the Keynesian macroeconomic theory by John Maynard Keynes.
A fiscal policy affects combined demand through changes in government policies, spending and taxation which eventually impacts employment and standard of living plus consumer spending and investment.
Generally, the national government of a country might use a contractionary policy to slow down the economy when inflation is high and gross domestic product (GDP) is growing too.
Hence, a contractionary fiscal policy is a policy that is typically used by the government to reduce aggregate demand by decreasing government purchases.
Aggregate demand (AD) can be defined as the total quantity of output (final goods and services) that is demanded by consumers at all possible price levels in an economy at a particular time.
An aggregate demand curve gives a negative relationship between the aggregate price level for goods or services and the quantity of aggregate output demanded in an economy at a specific period of time.