The answer is option "d", all of the above.
<span>Discretionary fiscal policy
</span><span>a. may reassure investors and consumers that the federal government will be able to avert a major economic downturn.
b. is not very effective in influencing real GDP during normal times because of time lags.
c. can be very effective in influencing real GDP during abnormal times, such as when a nation is at war.
</span>We can define discretionary fiscal policy as when there is a change in government expenditures or taxes to gain national economic goals.
The risk management principle involved in this is decision making.
<u>Explanation:</u>
The processes and the activities that we perform have some risks involved in them. The intensity of risk might differ from one task to the other task. So the risk involved in these tasks and the activities must be managed properly so that the target can be achieved properly.
These are some principles involved in the management of the risk. The principle involved in the task given in the question is that of making a decision which serves the purpose best and helps you to achieve your target. The decision made to cross the river via the bridge is taken after keeping into mind a lot of factors and the decision taken should minimize the risks. Thus it is the principle of the decision making.
Answer:
The activity variance for cleaning equipment and supplies in April would be closest to = -$225
Explanation:
Cost formula for cleaning equipment and supplies = $2,540 + $45 per boat
Since the actual level of activity is 11 boats the budgeted costs for 11 boats will be $2,540 + $45*11 = $3,035
Actual costs for the 11 boats = $3,260
Activity variance = Budgeted - Actual activity cost = $3,035 - $3,260
= -$225
Since the actual cost of activity is more than budgeted cost of activity, the activity variance is unfavorable and closest to -$225.
Answer:
Purchase price parity.
Explanation:
Purchase prices parity is a tool that is used to compare the purchasing power of two currencies by using a certain good. It consider purchasing power of different locations.
Purchase price parity is calculated by dividing price of one basket of goods in one location and an equal basket of goods in another location.
So if we considered purchase price parity in the per capita GDP calculations, we will notice Japanese growth simply wavered during the 1990s.
