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bagirrra123 [75]
2 years ago
12

Suppose the economy is at a point below its physical production possibilities frontier but above its institutional production po

ssibilities frontier. In response to this situation, Keynesian economists may propose that government enact ________ fiscal policy to correct this ________ gap by ________ government expenditures.
Business
1 answer:
bogdanovich [222]2 years ago
6 0

Answer: contractionary; inflationary; decreasing

Explanation:

A contractionary fiscal policy is used in order to reduce the money that is in circulation. In this policy, the government increases tax and also cuts its spending.

The contractionary fiscal policy will be used according to Keynesian to correct the inflationary gap by decreasing the expenses of the government.

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The direct labor rate for Brent Corporation is $9.00 per hour, and manufacturing overhead is applied to products using a predete
gayaneshka [121]

Answer:

The actual overhead cost for manufacturing is $21700

Explanation:

Given data:

Pre determine overhead cost = $6

Number of hour of direct labor = 3200 hr

Under applied overhead = $2500

actual manufacturingg overhead cost can be determined as

actual\ overhead\ cost = [pre-determned\ overhead\ cost \times direct\ labor\ hours] + applied\ overhead

putting all value to get the required value of actual overhead cost

actual overhead cost = [$6 \times 3200 hr] + $2500

                                   = $19200 + $2500

                                    = $21700

The actual overhead cost for manufacturing is $21700

7 0
3 years ago
Many years ago G bought a life policy. Since then G decided to replace that coverage with a policy that was purchased firsthand
krok68 [10]

Answer:

A direct response sales

Explanation:

From the statement, it can be seen that G bought the life policy alone and made his decision to replace that coverage with a policy that was purchased firsthand through the insurer and delivered. This shows that an agent was not used in the sale or delivery of the policy and hence this depicts a direct response transaction between the insurer and the client G.

5 0
3 years ago
Both Projects A and B are acceptable as independent projects. However, the selection of either one of these eliminates the optio
Slav-nsk [51]

Answer: Mutually exclusive

Explanation:

In probability theory and logic, two propositions or events are disjoint or mutually exclusive if both events cannot occur at the same time. An example is the outcomes derived from the single toss of a coin which either be head or tail

In the project example given, the theory used is called mutually exclusive since both projects can not be chosen at the same time and it is only one project at w time. Mutually exclusive events are also called independent events since they have no effect on the viability of the other options.

4 0
3 years ago
What are 3 categories of soft skills?
dimaraw [331]
Personal, social and methodical skills
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2 years ago
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The major factor in deciding how much to purchase is:
Ierofanga [76]
How much the money you have !!!
8 0
3 years ago
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