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amm1812
4 years ago
11

In 2001, President George W. Bush and Federal Reserve Chairman Alan Greenspan were both concerned about a sluggish U.S. economy.

They also were concerned about the large U.S. trade balance deficit. To help stimulate the economy, President Bush proposed a tax cut. What are the effects of the proposed policy using the IS-LM model
Business
1 answer:
valkas [14]4 years ago
7 0

Answer:

The answer is given below.

Explanation:

The effect of this tax cut would be a resultant shift in the IS curve to the right, resulting in higher interest rates, currency appreciation, and bigger current account deficits. The tax cut would encourage consumers to spend more and, thereby increasing planned expenditure. The tax cut raises both income and the interest rate.

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4 0
3 years ago
All of the following are benefits associated with empowerment except: a. empowered employees are more likely to respond in a pos
Svetlanka [38]

Answer:

d. empowered front-line employees gain a false sense of power, in turn aiding the customer.

Explanation:

Employee empowerment is when an employer gives the employee a degree of autonomy in making decisions that affects their jobs.

They are allowed to decide how best to perform their jobs.

This gives the employee a sense of ownership that translates to better customer service, positive attitude, better employee moral, and cheaper source of market research than going to the consumer directly.

However this style does not give a false sense to power, because the employees actually.have autonomy in their work.

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3 years ago
Evaluate the economic consequences of increasing progressive taxes in order to redistribute income (6)
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Answer:

Increasing progressive taxes in order to redistribute income may be seen as a fair and noble thing, but such measure may have several unintended consequences.

Explanation:

One consequence is that if taxes are raised too high on the highest earners, these people may simply leave the country for another one where taxes are lower. Wealthy people have the means to do so in the modern economy.

Another consequence would occurr if the taxes are raised too high on corporations. Corporations may either leave the country as well, or pass through the higher costs to the consumers.

All in all, progressive taxation is seen as a fair system by many economists, but it should be implemented with care, and by making cost/benefit analysis first.

4 0
3 years ago
job ________ involves division of an organization’s work among its employees and application of motivational theories to jobs to
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3 years ago
When you develop a major component on an outline into subpoints, you must have at least two subpoints. a. True b. False
AleksAgata [21]
<h2>The given statement is true.</h2>

Explanation:

Points and sub points help the readers to,

  • Understand it clear
  • Better clarity
  • Reader-friendly

As per the given statement in the question, it is mandatory to have two or more points as sub points.

Reason:

We go for elaborating with sub points for the reason that

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  • Need to talk variety of details
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So if the pointers are lesser than two, then it is enough the content is delivered as a single statement than in points.

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3 years ago
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