Answer:
B. participatory approach budgets should be prepared using a top-down approach
Explanation:
Option A is incorrect because it is one of the significant guidelines for budgeting.
Option C is a budgeting guideline which helps to differentiate the actual and budgeted amounts.
Option D is an important element to attain the objectives through budgeting. Therefore, it is incorrect.
Option B is the answer as there is no option to prepare the budget using a top-down approach.
Answer: 500
Explanation:
At equilibrium, it should be noted that,
Y = C + I + G
where ,
C = Consumption = 20 + 0.7(Y - T)
I = Investment = 100
G = Government expenditure = 100
Y = C + I + G
Y = 20 + 0.7(Y - 100) + 100 + 100
Y = 20 + 0.7Y - 70 + 200
Y - 0.7Y = 150
0.3Y = 150
Y = 150/0.3
Y = 500
Answer:
A lower equilibrium point due to decreased investment, decreased real interest rate and decreased level of savings
Explanation:
The economic graph that is referred to in the question in referred to as the IS-LM curve which depicts the intersection of the IS (Investment-savings curve) with the LM (liquidity preference-money supply) curve. This intersection determines thr equilibrium between real interest rates and the output/consumption at that level of interest rate. The IS curve is downward sloping while the LM curve is upward sloping.
The tax law change makes the investment less attractive which will cause the IS curve to pull inwards (i.e a shift to the left). This shift to the left essentially reduces the level of investment thereby lowering the demand for money for investment. This reduction in demand causes the real interest to decrease. At this decreased interest level, there is a decrease in the the level of savings (because of the lower return that is available on money saved). Therefore the impact will result in a new lower equilibrium at which the real interest rate and the levels of saving and investment will be lower than the original equilibrium level.
Answer:
motivated to take action at the product purchase stage of advertising.
Explanation:
Answer:
The correct answer is Underemployed.
Explanation:
Underemployment has among its meanings, the following:
The employment of workers with high skill levels, in those jobs where such skills are not required, such as the case of a trained doctor, who must also work as a taxi driver.
- Involuntary part-time of workers: In this case the workers who could and in any case want to start a full-time job, although they can only find part-time work. By analogy, the term is also used in regional planning to describe regions where economic activity rates are unusually low, due to lack of employment opportunities, training opportunities, or due to lack of services such as transportation, childcare, etc.
- Excessive personnel or hidden unemployment: this is the practice that occurs when companies or economy employ workers who are not fully employed. For example, workers who are not currently used to produce goods or services due to legal or social restrictions, or because the work is highly seasonal.
