According to the graph, how do expansionary fiscal policies affect the economy? a. the government decreases spending to save more money. b. the government increases spending to raise output of goods and services and create jobs in the short term. c. the government decreases demand to reduce the growth of economic output. d. the government increases supplies to increase inflation and raise prices.

How do communism and socialism differ in terms of the role that government plays in the economy ?

In a chapter 7 bankruptcy, a debtor:

An insurance company estimates the probability of an earthquake in the next year to be 0.0015. the average damage done to a house by an earthquake it estimates to be $90,000. if the company offers earthquake insurance for $150, what is company`s expected value of the policy? hint: think, is it profitable for the insurance company or not? will they gain (positive expected value) or lose (negative expected value)? if the expected value is negative, remember to show "-" sign. no "+" sign needed for the positive expected value