The answer to the given question above is AUTOMATIC STABILIZER. So in the fiscal policy, the term automatic stabilizer refers to the policies and programs which are created in order to counterbalance or neutralize any changes (e.g. fluctuations) in the national income or economic activities. This no longer requires an intervention from the government or policymakers.
Answer:
I see technology as an essential part of life nowadays. Importance of technology has drastically increased in past 5 years.
For me technology is now a basic need as i obtain the latest updates on my phone rather than a newspaper.
The study i do for my subjects is done on my phone as well on a soft copy document.
Explanation:
Answer:
C.It is sometimes difficult for partners to agree on every business decision.
Explanation:
In partnerships, the company is owned by several people who held the status as 'Partners'. Everytime the company wants to make a decision, they need to ensure that the majority of these 'partners' agree on the decision. Often time, problem might occurs if the partners have different ideas on how the company should be operated.
In sole proprietorship, only one person held the position as the owner. This mean that the person has full authority in determining the type of decision that should be implemented for the business.
Answer:
lower; the same as it was before
Explanation:
If an economy moves from a steady state with positive population growth to a zero population growth rate, then in the new steady state, total output growth will be lower, and growth of output per person will be the same as it was before.
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