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Alex17521 [72]
3 years ago
6

The new classical critique of activist fiscal policy is theoretically different from the crowding-out critique. Crowding-out occ

urs when private spending __________ in response to government spending. Under the new classical critique, increased government spending leads people to __________ their current savings in order to help pay for higher taxes in the future.
A. decreases; decrease
B. increases; increase
C. decreases; increase
D. increases; decrease
Business
1 answer:
Alik [6]3 years ago
6 0

Answer:

C. decreases; increase

Explanation:

Although both the crowding-out critique and the classical critique both argue that more public spending (activist fiscal policy) will lead to less private spending (thus less-than-expected increase in demand for the economy to grow), the reasons they put forward are subtly different.

Crowding-out happens because government spending reduces the money supply (hence raise interest rate - the price of money) or investment opportunities to the private sector, making it <em>difficult for the private sector to spend</em> , hence there's less private spending.

The classical critique argues that because people anticipate that goverment will increase tax in the future to cover for the fiscal deficit, <em>they will save more to pay for tax</em>, also leading to less private spending.

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Dewayne Gibbons of Burger King decided to introduce a new sliced chicken sandwich without consulting any of his subordinates or
pantera1 [17]

Answer:

Autocratic leadership.

Explanation:

Autocratic leadership style: These leaders take all decisions by themselves without asking anyone else for suggestion or anything. Such decisions may not be suitable for the employees working under him or his organization's resources aren't capable enough to work as he wishes and in turn hurts his own organization.

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7 0
3 years ago
Bina Co. purchased a vehicle on January 1st for $15,000 and estimates it will use the vehicle for eight years with a $3,000 salv
zhuklara [117]

Using the double  declining-balance depreciation method,  the vehicle's second year depreciation expense is: $2,812.50.

<h3>Second year depreciation expense </h3>

First step is to calculate the first  year depreciation expense

First  year depreciation expense=15,000×(100%/8 x 2)

First  year depreciation expense=15,000 x 25%

First  year depreciation expense=3,750

Second step is to calculate Second year depreciation expense

Second year depreciation expense = (15,000-3750) x 25%

Second year depreciation expense=11,250x 25%

Second year depreciation expense  =2812.50

Therefore  Using the double  declining-balance depreciation method,  the vehicle's second year depreciation expense is: $2,812.50.

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8 0
1 year ago
Are contractually-stipulated cooperation programs between unions and management a realistic and workable concept? Why or why not
krok68 [10]
<span>Yes these contractually-stipulated programs between the both parties are actually a realistic and workable concept. It is important for both union and employer because when there is a situation of disagreement this contract will provide a resolution to both of them saving time and resources.</span>
4 0
3 years ago
An authentication token is a(n):____________
bezimeni [28]

Answer:

The correct answer is:

device the size of a credit card that contains access permission data. (A)

Explanation:

An authentication token, also known as a security token is a device used to authorize access to a network service. Tokens use the two-factor authentication method to ensure security of a system. Usually the authentication devices have access pins before access to the main tokens, and tokens are unique sets of numbers that uniquely identifies a user in a service, and they are changed frequently, usually within a 5-minute period.

5 0
3 years ago
An x-ray machine at a dental offi ce is MACRS 5-year property. The x-ray machine costs $6,000 and has an expected useful life of
Brrunno [24]

Answer:

The correct answer is $2,637.31.

Explanation:

According to the scenario, the computation of the given data are as follows:

Cost of machine = $6,000

According to MACRs table depreciation for first 3 years are as follows:

Depreciation for 1st year = 20%, for 2nd year = 32% and for 3rd year = 19.2%

So, Cost of machine after 1st year = $6,000 - 20% × $6,000 = $6,000 - $1,200

= $4,800

Cost of machine after 2nd year = $4,800 - 32% × $4,800 = $4,800 - $1,536

=  $3,264

Now, Cost of machine after 3rd year = $3,264 - 19.2% × $3,264

= $3,264 - $626.688 = $2,637.312

So, the book value at the end of three years = $2,637.31

3 0
3 years ago
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