Answer:
Automatic stabilizers
Explanation:
Examples of automatic stabilizers are income tax and government welfare spending. They adjust immediately to minimise the effect of fluctuations in the economy.
For example in a recession, income tax reduces and government welfare spending increases. In a boom, income tax increases and government welfare spending falls.
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Answer: Strivers
Explanation:
The term that refers to people who are trendy and fashionable in order to impress others and are often impulse buyers is Strivers.
It should be noted that Strivers are usually consumers that are from low income families but they so much believe in style and fashion and really wants to impress and emulate celebrities or high income earners who use lastest trends or fashion.
Suppose the government increases spending to fund tuition assistance for qualified college students. automatic stabilizers will increse the expansionary effect of the increase in aggregate demand.
A government is a system or group of people that governs an organized community (usually a state). In the broader associative definition, government usually consists of legislative, executive, and judicial branches.
Your government is the system of people, laws and officials that define and control the country in which you live. For example, the US government is a representative democracy with her three branches.
Government is necessary to maintain law and order. Laws are necessary for society to function. Life in a society without laws is dangerous and unpredictable.
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Answer:0.63; rises
Explanation:
As the price of good X rises from $1.50 to $1.75 the result is a decrease in the quantity demanded of good X from 650 units to 590 units. The price elasticity of demand for good X is _____0.63________ and total revenue _____rises_____ as the price of good X rises from $1.50 to $1.75.
Answer: 1.54
Explanation:
Based on the information given in the question, the company’s target debt-equity ratio will be:
The total costs will be:
= $14.5 million + $775000
= $15.275 million
Since amount needed = amount raised × (1-fT)
Therefore, 15.275 × (1-f) = 14.5
15.275 - 15.275f = 14.5
f = floatation costs = 5.074%
Therefore, 5.074% × (1 + D/E) = 7.5% + (D/E) × 3.5%
Solving for debt-equity ratio, the value will be = 1.54