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3 years ago

Discretionary fiscal policy is best described as:______

Business

1 answer:

Yanka [14]3 years ago

4 0

Answer:

Explanation:

Discretionary fiscal policies are deliberate steps taken by the government to stimulate the economy in order to cause the economy to move to full employment and price stability more quickly than it might otherwise.

Discretionary fiscal policies can either be expansionary or contractionary

Expansionary fiscal policy is when the government increases the money supply in the economy either by increasing spending or cutting taxes.

Contractionary fiscal policies is when the government reduces the money supply in the economy either by reducing spending or increasing taxes

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Suppose five years from now that the ranching industry is in long-run equilibrium at 70 cents per pound. graphically illustrate

yKpoI14uk [10]

Answer:
1.a. AD curve should cross LRAS ar 70c per pound at a specific quantity. LRAS is vertical and AD is downward sloping. If you include SRAS, it slopes upwards and crosses where the 2 lines cross. If you include LRAD, it will be horizontal and cross where the lines cross
2. a. when the hormone shot is induced, SRAS becomes more elastic i.e. it pivots to the right. As cost to feed become cheaper, more can be supplier at any given price level. However, as the quantity is not a fixed boost, the increase is a proportional 27%
b. LRAS is still vertical, however, it shifts to the right, where the new SRAS meets the AD curve. The effect is long term so there will be permanent change to the equilibrium of the quantitiy supplied as well as the price.
LRAD will also lower due to the change.
SRAD stays where it is

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3 years ago

What are blueprints?

Pepsi [2]

answer:oa.

Explanation:

its just oa its the definition

3 0

4 years ago

River Corp's total assets at the end of last year were $415,000 and its net income was $32,750. What was its return on total ass

Zigmanuir [339]

The return on total assets of River Corps is 0.0789.

<h3>What was its return on total assets?</h3>

The return on total assets is an example of financial ratio. It is the net income divided by total assets. It is an example of a profitability ratio. Profitability ratios measure the efficiency with which a company generates profit from its asset.

Return on total assets = Net income / average total assets

$32,750 / $415,000 = 0.0789

To learn more about financial ratios, please check: brainly.com/question/26092288

7 0

2 years ago

To determine the best price for a first edition copy of a Stephen King novel with a dust jacket in mint condition, Jason would m

RideAnS [48]

Answer: Shop-bots

Explanation:

Jason use the shopbots website for comparing the actual price information with all the book stores. The shop bots is the type of E-commerce website which helps us by providing all the detail information or data about the the pricing of each product and the services.

By using the shopbots tool we can compare all the products for finding the low price. The shop-bot is also known as the digital type of fabricating tool.

The main aim of the shop-bot is that it provide the large facilities of the production by using the small scale of shops.

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3 years ago

ou are a producer of cold medicine. Last month, a flood at your factory eliminated 50% of your firm’s production capability. At

Scilla [17]

Answer:

The flood shifts the supply to the left.

The increase in healthcare costs shifts the supply curve to the left.

Explanation:

An increase in the cost of production inputs (increase in health costs) or a decrease in the availability of resources (the flood reduced the firm's production capability), will shift the supply curve to the left.

A leftward shift of the supply curve will lower the quantity supplied and will increase the price of the good at every level of demand.

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3 years ago