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2 years ago

Does biden have the political capital to pass his social infrastructure bill

2 answers:

8 0

Based on the current political situation, Yes, <u>President Biden</u> has the political capital to pass his social infrastructure bill.

<h3>What is Political Capital?</h3>

Political Capital is a term used to describe the total resources and power established through connections, trust, goodwill, and influence among politicians over time.

Given that President Biden was once a senator and Vice President of the United States, he must have built many cordial relationships among many old-time senators and representative members in the US Congress.

Hence, in this case, it is concluded that the correct answer is " <u>Yes, President Biden has the political capital to pass his social infrastructure bill."</u>

Learn more about Political Capital here: brainly.com/question/7448602

erastova [34]2 years ago

8 0

Yes, biden have the political capital to pass his social infrastructure bill.

According to this question, we are to discuss about political capital that can be attributed to Biden pass his social infrastructure bill.

As a result of this, we know that serves as the total resources as well as power established as a result of trust, goodwill in politics, and biden was once a senator and Vice President which means he has an established relationship before.

Therefore, biden have the political capital to pass his social infrastructure bill

Learn more about political capital at:

brainly.com/question/7448602

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In the case of a negative shock to aggregate demand, the central bank should: increase the rate of growth of the money supply to

nekit [7.7K]

Answer: increase the rate of growth of the money supply to restore spending growth.

Explanation:an increase in money supply growth. If the Federal Reserve offsets a negative shock to aggregate demand with increased money growth: both inflation and real GDP growth will rise.

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3 years ago

A company has beginning inventory for the year of $10,500. During the year, the company purchases inventory for $160,000 and end

djverab [1.8K]

Answer:

The correct answer is $147,500.

Explanation:

According to the scenario, the given data are as follows:

Beginning inventory = $10,500

Purchase inventory = $160,000

Ending inventory = $23,000

So, we can calculate the cost of goods sold by using following method:

Cost of goods sold = Beginning inventory + Purchase inventory - Ending Inventory

By putting the value, we get,

Cost of goods sold = $10,500 + $160,000 - $23,000

= $147,500

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3 years ago

Can I get an example of a run on sentence

Marta_Voda [28]

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3 years ago

Read 2 more answers

Suppose the marginal propensity to consume is 0.75 and the government spending multiplier is 4. If the government decreases its

kvasek [131]

Answer:

Left by $400; Left by $300

Explanation:

Given that,

Marginal propensity to consume, MPC = 0.75

Government spending multiplier = 4

(a) If the government decreases its purchases by $100 million, then the magnitude of the shift in aggregate demand curve is calculated by multiplying the change in government spending to the government spending multiplier.

Aggregate demand curve shift left by

= Change in government spending × Government spending multiplier

= $100 × 4

= $400 million

(b) If the government increases income taxes by $100 million, then the magnitude of the shift in aggregate demand curve is calculated by multiplying the change in taxes to the tax multiplier.

Tax multiplier:

= MPC ÷ (1 - MPC)

= 0.75 ÷ (1 - 0.75)

= 0.75 ÷ 0.25

= 3

Aggregate demand curve shift left by

= Change in taxes × Tax multiplier

= $100 × 3

= $300 million

5 0

3 years ago

A manufacturing firm's cost of goods manufactured is equivalent to a merchandising firm's: Select one: a. Cost of goods sold. b.

velikii [3]

Answer:

(B) Cost of goods purchased

Explanation:

While a merchandising company buys goods from its suppliers (goods purchased) and adds this to its opening inventory to determined the quantity of goods it has available for sale (goods available for sale), a manufacturing firm makes the goods to be sold (goods manufactured) and add to its opening inventory of finished goods to determine the same metric (quantity of goods available for sale).

This relationship can be seen when the trading account of both firms are compared.

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3 years ago