The combination of fiscal policy actions that would be most contractionary for an economy experiencing severe demand-pull inflation is an increase in taxes and decrease in government spending.
<h3>What is a
demand-pull inflation?</h3>
Basically, an inflation refers to a general rise in the price of goods in an economy. The demand-pull inflation causes am upward pressure on prices due to shortages in supply, a condition which the economists describe as "too many dollars chasing too few goods." As well, an increase in the aggregate demand can also lead to this type of inflation.
In Keynesian economics, the increase in an aggregate demand may be caused by a rise in employment, as companies need to hire more people to increase their output. A strict labor market means a higher wages, which translates into greater demand. The demand-pull inflation can be compared with cost-push inflation.
In conclusion, the appropriate fiscal policy for an economy experiencing severe demand-pull inflation are to reduce government expenditure, increase taxes, or implement both.
Read more about fiscal policy
brainly.com/question/6583917
#SPJ1
Answer:
The general term "cash" is used to describe paper money that is exchanged for goods and services. When the term "cash is used by corporate treasurers they are often referring to currency and demand deposits which are considered to be cash equivalents. These cash equivalents include highly liquid marketable securities that can be sold rather quickly at a predictable price which makes them attractive to corporate treasurers.
Answer: Option C
Explanation: In simple words, expenses refers to outflow of money from the pockets or account of any individual or an entity with the objective of acquiring or producing something.
Manufacturing cost refers to the amount of resources that were out flowed the organisation while producing a good or service. Since the resources are getting out flowed, these costs are always recorded as expense over the operational life of the entity.
Labor cost, electricity bill of machines and purchase cost of raw materials etc are some of many examples of manufacturing cost.
Answer:
a. Increased creativity
Explanation:
When properly managed diversity is beneficial to companies.
Answer: True - Corporate values
Explanation:
The corporate values is one of the fundamental core values of the company that basically support the main aim of an organization and it also manage the values, principle, culture and also beliefs of the employees in the company.
The main objective of the corporate values is to guiding the basic principle in an organization that helps in maintaining the relationship with the consumers.
According to the given question, the famous economist Friedman handles all the responsibility of the company for the purpose of increase the growth and the productivity of an organization by maintaining the corporate values.
Therefore, Corporate values is the correct answer.