Answer:
FALSE
Explanation:
The operational lag of fiscal policy is the time gap between the adoption of a corrective measure and the perception of its effects on the economy. For example, in a recessionary context, analysts and the Fed have no difficulty predicting the economic problem, as there are statistical software and predictive models that can predict recessive economic scenarios. However, through economic policies, the government takes steps to reverse the recessive picture. By their nature, these policies demand a time between their adoption and their effect on the economy, which is operational lag.
Answer:
No, the value of intermediate goods is not included in GDP because that value is already included in the value of the final goods.
In other words, GDP is a measure that includes only the value of final goods and services produced in a given region, within a given period of time.
In this case, the value of the cotton is already added to the value of the new shirt, therefore, only the value of the shirt is included in GDP.
Answer: humanistic
Explanation:
Humanistic perspective can be defined as the perspective that emphasizes on the believing that one should consider people innately good and it tries to remove negative behavior, thoughts and believes about oneself and for others. It helps a person to realize self-efficacy and self-worth. It allows people to realize their potential and maximize the well being.
According to the given situation, Kim will be satisfied with the humanistic perspective as this helps in uplifting the confidence, self worth and self-efficacy which gives a sense of good feeling and positive believes about oneself.
Answer:
it is b because they were always trading in things.