Pedro is a Keynesian economist and argues that in a downturn, state intervention is the key for economic recovery.
Keynesians believe that GDP (Gross Domestic Product) is positively influenced by aggregate demand. Hence, in order to boost GDP growth after a downturn, the state should step in the economy by increasing public expenditure. This will help to create job positions, increase the disposable income of households and therefore increase overall demand for goods and services.
If more goods and services are demanded, the same cycle restarts as firms would hire more staff in order to increase production to a greater extent to meet the new necesities. The more people who is employed, the more income avilable to continue increasing private expenditure and investments, which in turn GDP and bring economic growth.
<em><u>To make it clearer, the following is the GDP formula for a certain time period</u></em>
<em>GDP = Private Consumption + Private investment + Public expenditure + Exports - Imports </em>
The "reasons" behind the "different rituals" of "different castes/ethnic groups" are:
•Their origin and lifestyle is different due to which differences are bound to arise.
•Generally, the rituals are based on the things available locally. ...
•Even the beliefs vary.
Answer:
Region 4
Explanation:
We must exclude region 1 as it doesn't have forests,region 2 is the same,and region 3 has some parts on the coast,where there aren't farms or trees.
The answer is true because you are not giving a reference to a statement when inquotes
Answer:
overestimate the danger of most risky behaviors and underestimate the likelihood that they will experience these consequences.
Explanation:
Typical American teenagers tend to overestimate the danger of most risky behaviors and underestimate the likelihood that they will experience these consequences.
