Answer: D. A very large
Explanation:
Liquidity trap is when an expansionary monetary policy that is a situation when there's an increase in money supply does not stimulate the economic growth.
Due to this, the public prefers to hold on to the money that they've. Therefore, in the liquidity trap a small change in interest rates produces a very large change in the quantity of money demanded.
Answer:
increase by 400 billion dollars
Explanation:
marginal propensity to consume = mpc
tax multiplier = -mpc/1-mpc
from our question we were given mpc to be 0.8
-0.8/1-0.8
= -0.8/0.2
= -4
change in output = -4(-100)
= 400 billion dollars
for a $100 tax decrease, output will increase by $100 billion x 4
= $400 billion
The answer is C. Lobbying
Answer:
that's hard
I'm sorry when I study this but I don't remember this now
Instead of considering client needs, they categorize sectors based on production technology.
An industry analysis examines a particular sector of the manufacturing, service, or trade industries. An crucial framework for the analysis of a certain firm, or company analysis, is to comprehend the industry in which it operates.
What does industry analysis serve to accomplish?
An entrepreneur or business can use industry analysis as a tool to better understand where their company stands in relation to other industry players.
To know more about industry analysis
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