Explanation:
A business administration professional typically needs a bachelor's degree in a relevant field, such as business administration, finance, or human resources. A bachelor's requires four years of full-time stud
Answer:
(a) Contractionary fiscal policy
(b) Aggregate shifts leftwards
Explanation:
Fiscal policy is a tool that is used by the government of a nation to control the fluctuations in the aggregate demand.
In this type of situation, government prefer to implement contractionary fiscal policy in the following form:
(1) Decreases government spending
(2) Increases taxes
When government increases taxes then as a result there is a fall in the consumer's disposable income. Therefore, the demand for the goods and services decreases in this economy and shifts the aggregate demand curve leftwards.
Answer:
Financial literacy is a set of skills and knowledge that allows one to make effective decisions with their financial resources.
Explanation:
Why is it important? Well, being financially literate ensures financial stability and security. It also allows you to have a variety of different financial skills; such as creating a budget, understanding how credit works, being able to save for retirement, and becoming wiser with how to manage your money.
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The preferred stock effect is not a notion that can be used to explain abnormally high excess stock returns.
<h3>What is the preferred stock?</h3>
The term "stock" refers to a company's ownership or equity. Common stock and preferred stock are the two forms of equity. Preferred investors are entitled to more dividends or asset distributions than common stockholders. The specifics of each preferred stock vary depending on the issuance.
When it comes to dividends, preferred stockholders have a preference over ordinary stockholders, which typically yield more than common shares and might be paid monthly or quarterly. These dividends can be fixed or determined by reference to a benchmark interest rate, such as the London Interbank Offered Rate.
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brainly.com/question/28235296
Answer:
(i) Base year prices
(ii) between two consecutive years
Explanation:
formula for GDP deflator is (real GDP)/(nominal GDP) x 100 which is the numerator real GDP where prices are valued at the current year adjusted to inflation or deflation and then the denominator where prices are valued at a base year where prices are valued at a nominal year which are not adjusted to any inflation or deflation.
The CPI ( consumer price index) is calculated by determining the rise or fall in price of a good or goods in two consecutive periods which in turn gives us the increase or decrease in price percentage.
