subject
Business, 25.03.2020 00:13 Jcmandique3444

Roasia is a developing economy with a large population. Its public healthcare and transportation infrastructure is very poor, which creates a bottleneck for industrial development. Leading industry experts have been claiming that investment in infrastructure so far has not been sufficient. According to them, there is a pressing need to step up government expenditure on public infrastructure. With the debate heating up, the government proposed a 30 percent increase in infrastructure investment this year. This is also expected to reduce unemployment considerably from the current level of 6 percent. With a 30 percent increase in investment, industry experts predicted that unemployment would decline from 6 to 4 percent in two years' time. However, the unemployment level at the end of two years was even lower at 3 percent. Which of the following, if true, can explain this outcome?

A. Industry experts in Roasa believe that only higher government expenditure can improve economic efficiency
B. Private healthcare in Roesia is very expensive
C. The current level of unemployment is also the economy's natural rate of unemployment
D. With increased government expenditure, the economy will move up along the short run Philips curve
E. Inflation is expected to fall in the coming years

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 16:50
Which of the following is the most important role of marketing in the process selection decision? identifying points of differentiation for mass customization. stimulating demand in developing markets. estimating and managing future demand. providing translation of the voice of the customer.
Answers: 2
question
Business, 22.06.2019 10:30
Which maxim is being neglected in the following conversation? eli: how did you do at the track meet? caleb: i came in second place! eli: congratulations! what was your time? caleb: six minutes, four seconds. the guy who won only beat me by three seconds. eli: really? katie said the winning time was under 6 minutes. caleb: oh, well, he might have beat me by five seconds. a)maxim of quantity b)maxim of quality c)maxim of relevance d)maxim of manner
Answers: 1
question
Business, 22.06.2019 15:20
Garfield corporation is considering building a new plant in canada. it predicts sales at the new plant to be 50,000 units at $5.00/unit. below is a listing of estimated expenses. category total annual expenses % of annual expense that are fixed materials $50,000 10% labor $90,000 20% overhead $40,000 30% marketing/admin $20,000 50% a canadian firm was contracted to sell the product and will receive a commission of 10% of the sales price. no u.s. home office expenses will be allocated to the new facility. the contribution margin ratio for garfield corporation is
Answers: 2
question
Business, 22.06.2019 16:00
In a perfectly competitive market, the long-run market supply curve tends to be horizontal or nearly so. what is another way to state this fact? (a) market supply is much more elastic in the long run than the short run. (b) in the long run, average total cost is minimized. (c) in the long run, price equals marginal cost. (d) market supply is much less elastic in the long run than the short run.
Answers: 1
You know the right answer?
Roasia is a developing economy with a large population. Its public healthcare and transportation inf...
Questions
question
Health, 26.01.2021 21:30
question
Mathematics, 26.01.2021 21:30
question
Social Studies, 26.01.2021 21:30
question
History, 26.01.2021 21:30
question
Mathematics, 26.01.2021 21:30
question
Mathematics, 26.01.2021 21:30
Questions on the website: 13722367