Answer:
The correct answer is A
Explanation:
Unsecured loan is the kind of loan which is not attached to any kind of collateral. The assurance which is required from the lender that the person will repay the debt, which is the person creditworthiness and on the words of the person.
The unsecured loans involve the student loans as well as personal loans. And credit cards is also the another kind of unsecured credit, referred to as revolving credit, where the person borrow and repay the money monthly.
So, Carla applying for the loan, the condition which make the loan likely is that she has a good credit history, in order to get the unsecured loan.
Because a decrease in real autonomous spending results in a <u>fall</u> in the price level, the ultimate effect on real GDP is<u> smaller</u> that predicted by the multiplier.
Another significant discovery is made by Keynesian economics. You've learnt that Keynesians think fluctuations in total spending are what ultimately determine the level of economic activity in the short run (or aggregate demand).
Assume that full employment prevails in an economy because the macro equilibrium occurs at the potential GDP.
Keynes noted that even while the economy starts at potential GDP, it is improbable that it will stay there because aggregate demand has a propensity to fluctuate.
In 2007, the collapse of the housing market caused a decline in U.S. investment spending. The Great Recession subsequently hit the American economy as a result.
To learn more about Keynesian here
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Answer:
$1,300 billion
Explanation:
total private consumption = nondurable goods spending + durable goods spending + spending on services = $200 billion + $400 billion + $700 billion = $1,300 billion
New residential housing spending ($500 billion) are considered residential investments, not part of private consumption.
Answer: a. When Dream Home Builders employs 11 workers, it can increase profits by__hiring___ workers
B.When Dream Home Builders employs 11 workers, it can increase profits by__13___ workers
C. If the market wage changes to $27, Dream Home Builders would _increase___
the number of workers employed to 14__workers
D. The curve depicting the value of the marginal product of labor is also the labor __demand__curve.
Answer:
D- participate
Explanation:
leaders who have participate leadership skill or style allow their employees take part in decision making making the leader open to many possibilities and ideas.
