Answer:
B. the economy were at potential GDP.
A cyclically adjusted deficit is a budget deficit caused by a slowing economy rather than fiscal policies such as increasing discretionary spending or decreasing the tax rates.
Explanation:
The cyclically adjusted budget deficit or surplus is the deficit or surplus in the federal government budget if the economy were at potential GDP. The federal budget deficit is the year-to-year shortfall in tax revenues relative to government spending (T < G+TR), financed through government bonds.
A budget deficit implies lower taxes and increased Government spending (G), this will increase AD and this may cause higher real GDP and inflation. For example, in 2009, the UK lowered VAT in an effort to boost consumer spending, hit by the great recession.
Answer:
1. Neither ; 2. Consumer Surplus ; 3. Producer Surplus
Explanation:
Consumer Surplus is the difference between a good's price paid by consumer, & maximum price the consumer is willing to pay for the good.
Producer Surplus is the difference between a good's price received by a seller, & minimum price at which the seller is willing to sell the good.
1. Willing to pay $209 for watch, buyer willing to sell at $196, no trade as price ceiling at $190 : It illustrates neither concept as transaction has not actually occurred, so no price established.
2. Willing to pay $39 for sweater, purchased it for $32 : It illustrates 'Consumer Surplus' case = $7 , as it shows difference between maximum willingness to pay by buyer ($39) & the actual buy price ($32)
3. Willing to sell laptop at $190, sold it at $199 : It illustrates 'Producer Surplus' case = $9 , as it shows difference between minimum willingness to sell price ($190) & actual sale price ($199)
Answer:
C.
Explanation:
Based on the information provided within the question it can be said that all of the options available will help get rid of this problem except for ending racial discrimination. Although it is something that should be fought, it will have little to no effect on the poverty level in comparison to the other options available. Since racial discrimination affects minorities in a variety of ways.
Answer:
D. Disparate treatment
Explanation:
Disparate treatment is a form of unlawful discrimination in the labour force. It's when a manager or leader gives unequal treatments to workers because of a certain characteristics. It is an intentional employment discrimination.
In this situation, the men suffers the evening shift just because they are men (certain characteristics).
Apart from gender another characteristics that is subjected to unequal treatments is race, where one race suffer more treatment than the other race.
<span>The correct answer should be D. Negative punishment.</span>
