Answer: Traditional model
Explanation:
Here, in this particular case the Hopetech Industries diversity plan follows the traditional model of the corporate diversity. Under this traditional model the Hopetech Industries follows a rigid plan which further restricts diversity to particular sections. The traditional model of corporate diversity mostly involves the top management.
A public good, public goods are non both non-excludable and non-rivalrous. Non-excludable means that individuals can not be excluded from using it. Use by one individual does not reduce the availability. Examples include knowledge, streetlights and light houses
Answer:
A) Somewhat effective, but only to the extent that most of the tax cut is concurrently spent on domestic output, that multiplier effects occur, and crowding out is small.
Explanation:
First of all, the larger amount of money would increase the inflation rate since aggregate supply hasn't increased. The number of goods and services offered do not vary, then only thing that varies is the amount of disposable money.
The larger the multiplier, the larger the positive effect. The multiplier formula = 1 / MPS (marginal propensity to save). Even though inflation increases, still the economy is going to grow. That unless the local residents decide to purchase many imported goods. The larger the amount of imported goods purchased, the lower the positive effects.
This type of policy can be very effective under conditions where deflation or inflation rates are near 0 or even negative. Although high inflation is very bad for the economy, a small amount of inflation is always needed to boost economic growth. The healthy inflation is around 1.5 - 2% per year. This way salaries and wages can grow, pushing aggregate demand and supply.
<span>A good or service is said to be highly elastic if there is a a slight change in price this will cause a sharp change in the quantity. Usually these kinds of products are readily available in the market - example is jewelry. lottery ticket
The factors are - The govt that propose a law that is in favor of the industry
availability of substitutes
hope it helps</span>