Answer:
Option (d) is correct.
Explanation:
If there is an increase in the income taxes then as a result there is a leftward shift in the labor supply curve and we know that labor supply curve indicates the the amount of labor hours workers devoted towards the production of the goods. Hence, this will lead to a reduction in the real GDP as there will be less working hours devoted by the workers because of the higher income taxes.
Answer:
Chloe takes $100 of currency from her wallet and deposits it into her checking account. If the bank adds the entire $100 to reserves, the money supply <em>remains at the same level</em>, but if the bank lends out some of the $100, the money supply <em>increases</em>.
Explanation:
The money supply is the money offered by bank if all the 100 dollars goes into reserve then, the money supply is not using those 100 therefore, it is not increasing.
keeping those dollars in reverse do not change the current supply as the money offered by the bank is the same.
While using a portion of the 100 dolalrs to give a loan increase the available money.
Answer: A. Content filtering, encryption and firewalls.
Explanation:
Due to fraud and other security challenges, prevention and resistance technologies are important in order to help computer and internet users to protect their informations.
Ways to achieve this include content filtering, encryption and firewalls. Content filtering is when the access to a particular web content is restricted. Encryption has to do with the translation of data into another form so that it won't be accessible to anyone without the password. Firewall is also done on order to curb unauthorized access.
The statement, 'lower interest rates are part of tight money policy' is false.
<u>Explanation:</u>
Tight monetary policy which is also known as contractionary monetary policy is undertaken by Federal Reserve to reduce the economic growth that is overheated and to curb fast increasing inflation rate. Here the policy increases the interest rates thereby reducing the borrowing in the economy.
So, the true statement would be 'lowering the interest rates stimulates the borrowing in the economy and it is a part of the expansionary or loose monetary policy'.