Complete Question:
Suppose the economy is on the classical range of the aggregate supply curve and has a problem with inflation. to use in this According to Keynesian theory, which of the following is an appropriate discretionary fiscal policy to use in this situation?
a. A reduction in the money supply.
b. Less government regulation.
c. Increase federal spending
d. Higher taxes.
Answer:
Higher taxes is an appropriate discretionary fiscal policy to use in this situation
Explanation:
The hypothesis that Keynesian economy is said to raise demand by the government to boost production. Keynesians assume that the primary force of an economy is customer demand. As a response, expansionary monetary policy is endorsed in principle.
The British Government at that time was strongly critical of Keynes. The government reduced social security costs and increased taxation in order to balance national accounts. This did not inspire people to invest their money, left the economy unified and unwilling to rebound and return to a prosperous state. Keynes said.
Alternatively, he proposed that the government would spend more resources to boost the appetite of customers in the economy. In addition, the total economic performance will be improved, which would lead inevitably to growth and a decrease in unemployment.
Answer:
C. $10,000 positive.
Explanation:
The computation of the amount that should be included is shown below:
= (Option strike price - spot rate) × purchased put options
= ($2.17 - $2.13) × 250,000
= $10,000
As the spot rate is less than the strike price so automatically there is a gain of $10,000
Hence, the option c is correct
Answer:
The dollar value of ending inventory is $7.500.000
Explanation:
To calculate the dollar value of ending inventory you need to use the next formula:
End inventory= (Beginning inventory + production - sales).$
In this case:
- Beginning inventory: 10.000 units
- January Production: 20.000 units
- Sales: 15.000 units
End inventory= 10000+20000-15000
End inventory= 15.000 units
Dollar value= 150000 . $500= $7.500.000
Answer:
Principal
Explanation:
A power of attorney (POA) is a legal document giving one person (the agent or attorney-in-fact) the power to act for another person (the principal).
