The countercyclical policy is complementary to the downfall of GDP. The preferred countercyclical policy is frequently monetary strategy.
Consumer spending decreases and total demand falls during a recession, which allows the government to implement a countercyclical policy to the way the economy is moving. Such a countercyclical policy would result in the intended expansion of output (and employment), but would also raise prices because it would expand the money supply. Increased demand will put pressure on input costs, particularly labor, as an economy draws closer to operating at maximum capacity. Hence, workers then spend their extra money on more products and services, which drives up prices and wages and accelerates overall inflation, an outcome that governments often try to prevent with countercyclical policy.
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The correct answer is Enforcement Acts
The Enforcement Acts were passed in order to protect the right of the African Americans to vote and serve in juries. They also aimed to five them equal protection of the law and protect them from violent groups
Answer:
- Web Browsers,
- Digital Satellite Television,
- Streaming Audio and,
- Text Messaging
Explanation:
The first web browser was launched in 1990 and was known as WorldWideWeb. To avoid confusion, it was later renamed the Nexus Browser. It was created by none other than the inventor of the World Wide Web, Sir Tim Berners-Lee.
The first Digital Satellite broadcasts were dated in 1994 in the United States.
The first known text message ever sent was in 1992 when a 22 year old man known as Neil Papworth used his personal computer to send the first characters ever to be sent by text messaging, "Merry Christmas". Mr. Papworth was an engineer working in the United Kingdom at the time.
Streaming Audio also debuted in the '90s although no definite date is given.
Answer:d. It relies on competition to drive down prices and to increase product and service quality.
Explanation:
What is globalization?
This defines how effectively business carry their operations in various countries apart from their own countries.
This is creating a situation where the world come together without being hindered by borders.
This increase in interaction between countries makes it it easier for the countries to not operate as single parties but to work collaboratively to make the world a better place.
Product and service is increased due to the positive competition that exist through globalization.
Answer:
The answer is C
Explanation:
Set taxes on imported goods
When countries create tariffs, they set tax on imported goods to increase the price of that imported goods in the market. By doing this they will help the development of local business
