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3 years ago

Why did government spending increase in the 1930s? (Business Cycles)

Business

1 answer:

worty [1.4K]3 years ago

5 0

Answer:

The government spent money to lift the economy out of the great depression

Explanation:

Depression is an extended period of economic downturn. It starts as a recession where the economy experiences declining growth. The GDP value decreases and turns. The economy remains in a subdued state for some years. Depression is associated with massive job losses, closure of businesses, reduced prices, low production, and reduced incomes.

To get the economy out of the economic depression, the government had to apply expansionary fiscal policies to stimulate economic growth and recovery. Increasing government spending is one way of stimulating growth. The government engages in capital intensive projects such as the construction of roads, schools, hospitals, and other public amenities. This creates jobs and demand for materials, resulting in higher GDP.

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Why do we need taxes

suter [353]

Taxes give the government the money they need to afford military spending, social programs, public workers and other government activities.

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3 years ago

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Congratulations! You were the 10th caller on the KMTH morning show and you just won $3,000.00. After you calm down, you decide t

VashaNatasha [74]

Answer:

$4,697.04

Explanation:

In simple words , this question requires us to find the Future Value in 5 years time. We compound the Present Value using the effective interest rate to determine the Future Value of an investment.

PV = $3,000.00

P/YR = 12

N = 5 x 12 = 60

I = 9 %

PMT = $0

FV = ?

Using a Financial calculator to enter the parameters as above the Future Value (FV) is $4,697.04

therefore,

In 5 years time, you will have $4,697.04.

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3 years ago

Who would certify the interoperability performance of a command and control system used by both the Army and the Navy?

Tom [10]

Answer:

A. Joint Interoperability Test Command (JITC)

Explanation:

The Joint Interoperability Test Command (JITC) is a wing of the United States Department of Defense that tests and certifies information technology products for military use. JITC provides risk based Test, Evaluation & Certification services, tools, and environments to ensure Joint War-fighting IT capabilities are interoperable and support mission needs.

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3 years ago

Canadian Beer reported equipment sold for $258 million cash and new equipment purchased $1,533 million cash. The equipment sold

RideAnS [48]

Answer:

The answer to this question can be defined as follows:

Explanation:

Please find the table in the attached file.

An inflow of $258 million and an outflow of $1,533 million.

The cash outflow for $1,533 is reported separately for investment activities and cash outflow for $2,58 is reported. The number of revenues received is indicated as the inflow.

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3 years ago

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When interest rates fall a. firms want to borrow more for new plants and equipment and households want to borrow less for homebu

siniylev [52]

Answer: Option (c) is correct.

Explanation:

When interest rates fall then firms want to borrow more for new plants and equipment and households want to borrow more for home building.

If there is a fall in the interest rate in an economy this will make the loans cheaper.

So, every individual wants to grab this opportunity by taking cheaper loans for various purposes such as home building, buying new plants and equipment, etc.

Hence, firms take an advantage of the lower interest rate by making investment in plants, equipment and machinery.

Whereas households also want to borrow from banks at lower interest rates for building their home. Because it will become cheaper for them to take loan at the ongoing lower interest rate.

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3 years ago