Describe the Promoting stability
Describe the Promoting stability?
Expert
1. An economy’s level of output is dependent on its level of total spending relative to its productive capacity.
2. The government may promote macroeconomic stability through changes in government spending and taxation.
a. When total spending is too low, the government may increase its spending and/or lower taxes to reduce unemployment.
b. When total spending is excessive, the government may cut its spending and/or raise taxes to foster price stability.
Perfect competition is characterized by all of the following except w) heavy advertising by individual sellers. x) homogeneous products. y) sellers are price takers. z) a horizontal demand curve for individual sellers. Q : Define Direct and inverse relationships Define Direct and inverse relationships?
Define Direct and inverse relationships?
“The legal form an enterprise assumes is dictated primarily by the financial requirements of its particular line of production.” Do you agree?
Instruction: McDonald's vs. Burger King - these two fast food chains use different waiting line design: Independent queue vs. pooled queue. To compare the two different queue systems on equal footing, let's assume that we pick a McDonald's sto
Economics professors would attribute students’ higher rates of attendance on days while examinations are administered to the: (w) intensified needs to learn valuable material. (x) higher opportunity costs of missing set relative to other schedul
Why entertainment tax comes in indirect tax? Answer: Since its burden can be shifted to others.
Illustrate the rate of exchange of two products?
What are the Causes and theories of inflation?
Distinguish clearly between a plant, a firm, and an industry?
Why producers not be able to find enough paying buyers for “public goods”?
18,76,764
1934301 Asked
3,689
Active Tutors
1446132
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!