The process by which an increase in government borrowing results in less borrowing by businesses and consumers for private investment is called expansionary fiscal policy.
<h3>What Is Expansionary Fiscal Policy</h3>
Expansionary fiscal policy refers to an increament in government spending, a decrease in tax revenue, or a combination of the two.
Expansionary fiscal policy is aimed at spurring economic activity and drive development.
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Answer:
Particpating, having to ability to drink a lot of coffe, being energetic, concertrating.
Explanation:
Answer:
Explanation:
a )
Standard of living is calculated as follows
Standard of living = Real GDP / Population
Growth in standard of living = growth in real GDP - growth in population
Now given growth in standard of living = 0
0 = growth in real GDP - growth in population
growth in real GDP = growth in population
growth in real GDP = 1%
Therefore, to keep living standards from falling, production have to increase by 1 %.
b )
If workforce increases by 1 % , that means population increases by 1 % and
productivity ( MPP ) increases by 1 % that means GDP increases by 1 %
Hence
Growth in standard of living = 1 % - 1 % = 0
The living standard will remain stagnant .
I choose true as my answer to this question. You have to keen and alert in business. Also it is a fast-paced world where you have to
do things fast and understand them fast.
People want things done on time and you have to know what to do at
once.
Answer:
D. Both are able and willing to supply the good, and have already identified a buyer
