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lol15arec001
15.08.2020 •
Business
In an open economy, a contractionary fiscal policy will have a impact on aggregate demand and, therefore, will be effective in slowing down an economy.
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Ответ:
The answer is smaller, less
Explanation:
Definition of terms:
Open economy is an economy that does not restrict itself to only domestic economy but rather trade freely with other economies of the world.
Contractionary fiscal policy is used by the government of a country to slow down the economy. Here, government either increases tax or cut its spending.
So a contractionary fiscal policy in an open economy will have a SMALLER impact on aggregate demand because increase in trade with other economies will neutralize this policy and will be LESS effective in slowing down the economy.
Ответ:
A .Sociocultural
Explanation:
Social culture represents lifestyles, values, and customs that define a society. Its aspects include education, language, religion, values, aesthetics, and attitudes.
Sociocultural factors dictate the roles and status of individual, groups, and families in society. The sales representative is not familiar with the Japanese way of doing business. He has encountered Japanese sociocultural practices that are making him feel uneasy.