Answer:
Orthodox economic theory recommeds the use of countercyclical economic policy, this means:
- when the economy is in expansion, the government should use contractionary fiscal policy (higher taxes and spending cuts) to keep the economy from overheating
- when the economy is in recession, as it was in 2008, the government should implement expansionary fiscal policy (lower taxes and spending increases) to aid economic recovery.
President Obama followed the theory and used expansionary fiscal policy to help the economy recover in 2008 and 2009. Expansionary fiscal policty basically consists in either tax cuts, or defitic-financed spending, or both.
Obama mostly used the latter to help people in need of welfare benefits due to unemployment, and to finance economic projects that could employ people.
While the deficit is something to worry about, the United States is a strong country, with a desirable currency: this means that the American government is unlikely to default on its debts, and investors are quick to lend money to it at low interest rates.
The projected benefits of the expansionary fiscal policy where obvious: more economic growth, which means less unemployment.
President Obama was also aided by the Federal Reserve, which implemented expansionary monetary policy (essentially increasing the amount of money that circulates in the economy).
Nothing. The inspector won't be able to investigate the attic during the inspection. The inspector is not required to move objects to access blocked areas. This is the responsibility of the seller prior to the inspection taking place
<h3>What does inspection serve to accomplish?</h3>
- Inspection denotes a thorough analysis. Meeting consumer needs and preventing the distribution of substandard items are inspections' main goals. Unquestionably, some product flaws cannot be detected or corrected at the final stages of manufacture.
- An inspection entails checking, or examining and evaluating, a subject. To make sure that it complies with certain requirements, we could inspect a structure or organization. The inspectors must guarantee that nothing is broken and that no one is in violation of the law.
- Pre-production, in-line, and final quality inspections are the three main categories. To identify and address quality issues, a number of details must be examined and approved during each phase.
To learn more about inspection, refer to the following link:
brainly.com/question/10185359
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A) Producing the combination of goods most desired by society
Answer:
$ 7
Explanation:
You can solve it using Proportion