When the economy is in a recession, from a Keynesian perspective, the government can increase its spending with minimum risk of crowding out private investment.
Keynesian macroeconomics argues that the answer to a recession is expansionary financial coverage, which includes tax cuts to stimulate consumption and funding or direct increases in government spending that might shift the aggregate call for the curve to the right.
Keynesians believe that, because expenses are particularly rigid, fluctuations in any aspect of spending—consumption, investment, or government expenditures—motivate output to change. If government spending will increase, for instance, and all other spending components continue to be constant, then the output will boom.
Keynesian economics is primarily based on two most important ideas. First, a combination call is more likely than a mixture delivers to be the primary motive of a short-run monetary event like a recession. Second, wages and charges can be sticky, and so, in a monetary downturn, unemployment can result.
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Answer:
Andrea should be honest and informative in explaining her corporation's actions in downsizing.
Explanation:
By being honest and forthright by providing adequate informational justice to the employees affected by downsizing, she would gain the confidence of those that will not be affected. This will ensure that the workers remain motivated and productive. Doing informational justice requires the management to provide adequate explanations and rationale for the decision made to downsize the entity's workforce.
It's all depends on from where you are shipping the furniture from
Answer:
80 %
Explanation:
Given that,
Labor force = Employed people + Unemployed people
= 320,000
Total population 16 years of age or older = 400,000
Therefore, the labor force participation rate is as follows:
= (Labor force ÷ Population of 16 years of age or older) × 100
= (320,000 ÷ 400,000) × 100
= 80 %
