kkelley9223
02.03.2020 •
Business
Suppose the Japanese economy has been experiencing slow growth. As a result, the Prime Minister, who thinks John Maynard Keynes was the greatest economist ever, has decided to increase government spending. The Prime Minister asks the head of the economic council to determine the increase in government spending necessary to bring the economy to full employment. Assume there is a GDP gap of 1 trillion yen and the marginal propensity to consume (MPC) is 0.60. What advice should the head of the economic council give the Prime Minister
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Ответ:
Option (B)
Explanation:
From the given options, we can state that Uniform Securities Act allow their administrator to conduct an investigation and also submit a subpoena but doesn't allow to suspend or revoke an agent's registration. The clauses and instructions laid under the Uniform Securities Act, it does not allow neither any suspension nor any revocation to take place before there is an official hearing.