Answer:
D. The tax cut can be categorized as fiscal policy and the lowering of interest rates can be categorized as monetary policy.
Explanation:
Fiscal policy is when the government uses either taxes or government spending to influence the economy.
Contractionary fiscal policy is when the government increases taxes or reduces spending.
Expansionary fiscal policy is when the government decreases taxes or increases spending.
Monetary policy are policies enacted by central bank of a country to control money supply or interest rest.
Contractionary monetary policy is reducing money supply or increasing interest rates.
Expansionary monetary policy is increasing money supply or decreasing interest rate.
I hope my answer helps you.
When the insured party knows more about his or her circumstances than the insurer, then there is: B. All of these.
<h3>What is an insurance company?</h3>
An insurance company is a business firm that is establish to collect premium from all of the insured for losses which may or may not occur, so they can easily use this cash to compensate or indemnify for losses incurred by those having high risk.
In Economics, when the insured party knows more about his or her circumstances than the insurer, then there is:
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Answer:
$81,750
Explanation:
The computation of the amount of total insurance is shown below:
= (Home mortgage loan + car loans + personal debts + credit card loans) ÷ 2 + estimated funeral cost
= ($120,000 + $10,000 + $14,000 + $7,500) ÷ 2 + $6,000
= $75,750 + $6,000
= $81,750
Under the DINK method, we simply half of the items except funeral cost
Answer:
Understanding Demand-Pull Inflation
Demand-pull inflation is a tenet of Keynesian economics that describes the effects of an imbalance in aggregate supply and demand. When the aggregate demand in an economy strongly outweighs the aggregate supply, prices go up. This is the most common cause of inflation.
Explanation:
hope it helps you
