subject
Social Studies, 31.01.2020 05:50 MeHelp101

Type your response in the box.
read the following scenarios, and then answer the question that follows.

scenario 1
the economy has been in a downfall for two years. the number of people who are cyclically unemployed has dramatically increased as output measured by gdp has fallen. consumers and businesses are buying less, causing output to fall even more, which increases unemployment. the government invests millions of dollars in infrastructure projects. as a result, the unemployment rate starts to decrease and the gdp begins to increase.

scenario 2
after a period of economic growth, consumers are seeing sharply increased prices on nearly all goods and services. unemployment is at its natural rate, with millions of people working overtime for several weeks, which increases output sharply and quickly. the government decides to slightly increase tax rates. a year later, prices and output fall and stabilize.

what is the difference in how the government reacted in these two situations?

ansver
Answers: 2

Another question on Social Studies

question
Social Studies, 21.06.2019 22:50
A. spinoza thinks that we human beings are due for what was described in class as an “ontological demotion.” explain this ontological demotion, comparing his view of what we are to a more traditional aristotelian view. (you should concentrate on spinoza’s views on the human body, but be sure to say something about what he thinks the human mind is.) why does he think the demotion is needed? is he right? explain why the demotion matters to the overall project of the ethics.
Answers: 2
question
Social Studies, 22.06.2019 18:30
Arecent challenge to the european union created by a member state is?
Answers: 1
question
Social Studies, 22.06.2019 18:50
Mike and his wife, amanda, are arguing about his in-laws. mike doesn’t want them to visit because they fight all the time when they come to the house and he is worried about the effect that their fighting is having on mike and amanda’s children. amanda finally yells out: “what about our fighting? ” mike replies, “well, that’s different. we fight because we’re having a disagreement, they fight because they hate each other! ” this is an example of
Answers: 2
question
Social Studies, 22.06.2019 20:20
How does the establishment clause limit government?
Answers: 1
You know the right answer?
Type your response in the box.
read the following scenarios, and then answer the question that...
Questions
question
English, 18.08.2021 22:00
question
Mathematics, 18.08.2021 22:00
question
Mathematics, 18.08.2021 22:00
question
Mathematics, 18.08.2021 22:00
question
Mathematics, 18.08.2021 22:00
question
Mathematics, 18.08.2021 22:00
question
Social Studies, 18.08.2021 22:00
question
Mathematics, 18.08.2021 22:00
Questions on the website: 13722362