Answer:
The correct way to answer the question: According to the theory of new classical economics, if business sentiment and investment spending decreases, the aggregate demand curve: shifts to the left and the price level falls, while aggregate output: decreases.
Explanation:
The balance of an economy, anywhere in the world, is pretty complex thing. In order to understand both the short-term, and long-term ways in which the economy of a country may respond to different factors, but most especially to GDP, which is the measure of how much, and how well, a country is producing and supplying a demand for certain goods and services, it is necessary to understand both a theory known as the short-term Keynesian analysis and also the neoclassical theory of economics, which applies to long-term macroeconomics. In the case shown above, the point of start is the potential GDP, which will mark the real GDP of a country. The second point is the aggregate supply and demand markers that indicate how an economy is doing with respect to potential GDP. If investement is not placed into an economy, and business sentiment decreasese, it means that productivity will drop, and the aggregate demand curve turns to the left as many other factors are also driven down. Since aggregate output means the amount that is produced in goods and services, the lesser the business interest and spending, the lesser production there will be.
Purchasing power is required in order for someone to spend money.
Purchasing power means that someone has the ability to purchase
something (a product or service). Having confidence is not enough to
allow you to purchase something. You can't walk into a store with no
money or goods to barter and walk out with the product or service. Less
disposable income is more likely to lead to less purchasing power. In
order to purchase something, you need to give up something in order to
get what you want, generally you give up money. If you don't have
something you can easily give up, like money, you have less disposable
income.
For the monthly fee, we first have to subtract the installation fee of 85 from the total cost for two years which is 685. Why? Because an installation fee is a one time thing. You don't install every year. So less the installation fee, our internet service cost for two years is 600. To make things easier, lets get the service costs for one year. Divide 600 by 2 and you will get 300. 300 is the cost of the internet for a whole year. Divide this by 12 (12 months in a year) and you will get 25. The monthly cost is $25.
If a person under the age of 16 is found guilty of driving under the influence of drugs, his or her driving privileges will be suspended and delayed until he or she reaches 17 years for the first offense.
Explanation:
At the age of 16, people are eligible for a student license. In this process people are allowed to drive only if they are accompanied by a parent, a 20-year-old adult who has had a driver's authorisation for at least four or more consecutive years or a driving instructor, who has been free to suspend.
Minors can face six months to one year imprisonment in a juvenile corrections facility for driving without a license. In fact, however, this sentence is likely to be based on community service, which may vary in time. The unlicensed juvenile driving may also affect other people. Charges against the registered owner for allowing the incident to occur and/or charges against the parents for negligence may also be carried.
<span>President Hoover called for a minimal government role in changing the economy.</span>
