Answer:
Part 1. Additional spending on national park facilities & A tax cut is the answer.
Part 2. Expansionary
Explanation:
The Natural level of real GDP is also associated with the natural rate of unemployment. When the real gdp < natural real gdp, the economy is said to be in a recession. Thus unemplyment rate is> natural rate of unemployment.
Reason is as follows:
A tax cut, depends if its permanent or not (to see the difference between short and long run effects). However, for this scenario, a tax cut should give consumers more disposable income, which would increase consumption, thus increasing total output. The opposit effect would happen for a tax increase. Hence a tax cut is a policy that could bring gdp near natural GDP.
A reduction in government purchases would lower G, which would lower Y too. so all else equal, a reduction in government purchases wouldn't help increase output, rather it may fall instead. So this is not a solution for bringing actual gdp near natural GDP.
Additional spending on national park facilities:- Will increase income of someone or the other and thus would create extra demand . Thus it would give some consumers more disposable income, which would help them increase C, thus would be increasing total output. So this is can be a solution for bringing actual gdp near natural GDP.
Answer:
Option D, PROUD TRADITIONALISTS.
Explanation:
Environmental activism refers to the coming together of various group of individuals and organizations that work in collaboration in social, scientific, political, and conservational fields with the main purpose of addressing environmental concerns.
Proud traditionalists: have their environmental efforts focused on keeping home running efficiently and effectively. They are focused on family and hardwork and are moderately environmentally conscious.
Heather and Jeff are concerned about the environment because of the high cost of heating their home in winter therefore, the environmental activism segment that best describes Heather and her family is PROUD TRADITIONALISTS.
Answer:
Option D is correct.
Explanation:
A manufacturer’s compliance with the occupational and safety code is least likely to have a direct effect on the financial statements of the entity identified.
Answer:
B. purchasing more machinery.
Explanation:
Marginal return can be defined as the return rate which a firm or a business experiences when they increase the amount of variable input that is been used in that firm or organisation.
It is important to note that all other input apart from the variable input remains constant.
Examples of variable inputs that a firm or organisation can increase
a. Purchase of more machinery
b. Increasing the amount of labour in the firm.
