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Lubov Fominskaja [6]
3 years ago
12

In this final Circular Flow example for our course, the starting point was a deep recession with 5 million cyclically unemployed

people. A ______________ approach would suggest a "hands off" approach by Government and suggest that flexible prices and wages would correct the problem very quickly..
Social Studies
1 answer:
Viktor [21]3 years ago
7 0

Answer:

Classical

Explanation:

In this final Circular Flow example for our course, the starting point was a deep recession with 5 million cyclically unemployed people. A  Classical approach would suggest a "hands off" approach by Government and suggest that flexible prices and wages would correct the problem very quickly.

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Exposure involves your condition of being presented with views, ideas, experiences, or made known to you through direct experience.

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1 year ago
____ is the emotional reaction that can occur when disagreements become personal rather than professional
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3 years ago
Poe's narrator insists he isn't mad, though his behavior suggests otherwise. Analyze how Poe uses the point of view of this "unr
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Answer: Unreliable Narrator is the one who has his credibility compromised, either by lying or by presenting a questionable sanity. By telling lies, hiding information the narrator does not act in accordance with the narrative norms of the work. However, it is difficult to measure whether the reader really understands all the norms; after all, the narrator's contradiction can only be in opposition to the reader's understanding of that fictional world.

Thus, considering a narrative as unreliable can be configured as a kind of reader strategy that directs the narrator any and all interpretive discrepancies. Therefore, to question the credibility of the narrator it is also necessary to question the individual understanding of each reader.

The unreliable narrator's procedure contributes to the works maintaining the suspense character by narrating the actions inaccurately or incorrectly. The reader is waiting for when the narrator will be unmasked by any character or at what point in the plot will be evident that the sources used by the narrator are false or false.

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3 years ago
All of the following countries are democracies EXCEPT
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C. Syria

Explanation:

The correct answer for ur question is C. Syria

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2 years ago
For each situation, give an example of a fiscal policy and a monetary policy solution. (p. 15)
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Answer:

Monetary Policy refers to the use of money supply and interest rates by the Central bank of a country to help achieve Economic goals such as inflation, consumption and economic growth. An expansionary monetary policy increases money supply and a contractionary policy decreases it.

Fiscal Policy has the same aim of helping the Government achieve economic goals but this time done by regulating government spending or taxes. An expansionary fiscal policy sees increased government spending and reduced taxes while a contractionary policy sees decreased government spending and higher taxes.

<u>1. Rapid investment during a boom period threatens to overheat the economy. </u>

Fiscal policy solution:  Contractionary Fiscal Policy

The Economy might overheat because of a high amount of investment in production. This means that Aggregate Demand is moving too fast. To rein this in with Fiscal Policy, the Government can increase taxes and reduce spending. This way people have less money to save to be used for investment and companies have less money to do the same.

Monetary policy solution: Contractionary Monetary Policy

The Central bank should reduce money supply and increase interest rates. They can do this by increasing the reserve requirement rate for banks and engage in Open Market Operations to sell securities to the public. This reduction in money supply will increase interest rates thereby reducing the amount of money left for investing.

2. Layoffs lead to an economic slowdown.

Fiscal policy solution:  Expansionary Fiscal Policy

The goal here is to stimulate the economy so that employers can hire more people. The Government can increase spending which would lead to a multiplier effect in income. They should also reduce taxes so that the people can have more money after paying taxes. These two things will have the effect of increasing investment spending which will enable companies to embark on new projects that will increase employment.

Monetary policy solution: Expansionary Monetary Policy

The Central bank should also aim to increase interest rates and money supply at least in the short run. By decreasing the Discount rate as well as the Reserve requirement, and embarking on Open Market Operations where they buy securities from the public, they can increase money supply. This increase in money supply will mean that there is excess money for investment which will lead to increased employment.

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3 years ago
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