Karen works as a salesperson for wüsthof, a company that makes cutlery and kitchen knives. She is driven to make as many sales as possible to as many people as possible in order to increase her commission. Although she has many great customer relationships, she also has a reputation for overly aggressive sales tactics. Karen has been able to convince customers to purchase more expensive knives even after they say they are not interested. As a result of karen’s high sales, she is a top sales associate at the company. Recently, however, karen’s sponsor has been informed of complaints that customers have levied against karen accusing her of "badgering" them into buying products. The sponsor meets with karen and tells her it is unacceptable to pressure consumers into purchasing items they do not want. Refer to scenario 1. 1. Which variable of the marketing mix does this issue involve?.
Answers
The variable of the marketing mix that Karen's issue involves is promotion.
What is marketing?Marketing is defined as the process of identifying, predicting, and fulfilling customer requirements profitably. Marketing is often thought of as the process of promoting and selling a product or service to customers.
It encompasses advertising, promoting, and delivering goods to consumers, as well as discovering the wants and needs of a specific target market.
The marketing mix is a collection of business tools that can be used to achieve a company's marketing objectives in the target market. A marketing mix is a business tool that is used to satisfy customer requirements and achieve business objectives by coordinating a set of four critical elements called the 4Ps of marketing. Product, Price, Place, and Promotion are the four components.
Here are the 4Ps of marketing that businesses must consider:Product refers to the goods or services that a company offers. Price refers to the amount of money that a customer pays for the product.
Place refers to the places where a business sells its goods or services. Promotion refers to advertising and marketing communications.
The scenario stated that Karen works as a salesperson for Wüsthof, a company that makes cutlery and kitchen knives. She wants to make as many sales as possible to increase her commission.
Therefore, Karen's high-pressure sales tactics can be classified as a promotional tool in the marketing mix. In summary, the issue in the scenario involves the promotion variable of the marketing mix.
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Related Questions
If the order quantity doubles but the flow rate remains constant, what happens to the average amount of time a unit spends in inventory
Answers
Answer:
Increases by more than 50%
Explanation:
In the case when the order quantity is doubled but at the same time the flow rate is smae so the average time for a unit would be increased by more than 50% as if there is an increased in the demand rate so the order quantity is also increased so if the number of units generated doubles than the activity per time is also rised by 50% thats why it should increased more than 50%
Did the entrepreneur(s) get a deal from at least one Shark?
Answers
Answer:
One entrepreneur struck an agreement on-air with a shark that never materialized, and another struck a bargain that the shark later backed out of.
Explanation:
Millions of software programs have been created and have helped to improve the economy. This is an
example of
O new business
self-confidence
taxes
O demand for products
new technology
Answers
Answer:
new technology.
Explanation:
An information system or technology can be defined as a set of components or computer systems, which is used to collect, store, and process data, as well as dissemination of information, knowledge, and distribution of digital products.
Generally, it is an integral part of human life because individuals, organizations, and institutions rely on information systems and technology in order to perform their duties, functions or tasks and to manage their operations effectively. For example, all organizations make use of information systems for supply chain management, process financial accounts, manage their workforce, and as a marketing channels to reach their customers or potential customers.
Additionally, an information system or technology comprises of five (5) main components;
1. Hardware.
2. Software.
3. Database.
4. Human resources.
5. Telecommunications.
Overtime, millions of software programs have been created and have helped to improve the economy. This is an example of new technology.
Basically, these new technologies have helped to simplify the process of producing goods and services effectively and efficiently to meet the unending needs and requirements of the consumers.
Discuss brokerage commission calculations, including any differences between listing and procuring brokers, calculations for different property types and variations between different markets.
Answers
Divide the average sale fee via the average square photos to calculate the common price of all properties consistent with rectangular feet.
Multiply the commission price via your house's asking fee. for example, if paying a 6-percent fee on a $2 hundred,000 sale fee, multiply zero.06 via two hundred,000. The result is 12,000, or a $12,000 commission to sell your house.
Whilst a consumer can pay a fee to shop for or promote protection, it gets broken up between the brokerage organization and the fee broking. typically, agents who execute extra trades acquire a bigger proportion of commission from their brokerage corporation.
There are 5 major strategies used whilst carrying out a property evaluation: the contrast, profits, residual, contractors, and that investment. An assets valuer can use certainly one extra of these techniques whilst calculating the marketplace or apartment price of a property.
A brokerage agency's number one responsibility is to act as an intermediary who assists or represents shoppers and dealers within the transaction method. A broking who owns a brokerage employs other actual estate agents to work under them. brokers are capable of overseeing more technical elements of real property transactions.
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Compute the lower-of-cost-or-net realizable value basis for Pharoah Company's total inventory based on the following: Inventory Net Realizable Value Cost Data Categories Data A $20,160 $18,960 B 15,60
Answers
The lower-of-cost-or-net realizable value basis for Pharoah Company's total inventory is computed as .
Then, we sum up the lower values of all categories to determine the total lower-of-cost-or-net realizable value for the entire inventory. inventory = A + BInventory at cost:Inventory at cost = Cost of A + Cost of BInventory at cost = $18,960 + $14,280Inventory at cost = $33,240Lower-of-cost-or-net realizable value basis = Lower of cost or market value = Lower of $33,240 or ($20,160 + $15,600)Lower of $33,240 or $35,760 = $33,240The lower-of-cost-or-net realizable value basis for Pharoah Company's total inventory is $33,240.
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A person who cannot get a job despite being willing to work and actively seeking work is considered.
Answers
A person is deemed underemployed if they actively seek employment but are unable to find one despite their willingness to work.
Unemployment
When a person is able to work and wants to work but is unable to obtain employment, they are considered to be unemployed. Unemployed people are individuals who don't have a job but are available for work and have sought for work in the last four weeks, according to the Bureau of Labor Statistics (BLS).
Underemployment refers to three categories of people: those who are actively seeking employment while unemployed, those who are forced to work part-time hours despite wanting full-time employment; and those who are considered marginally attached but have stopped actively seeking employment.
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A manager who involves members of the team in decisions is using which management style?
A.
Authoritarian
B.
Hands-off
C.
Participative
D.
Autocratic
Answers
Answer:
c.
Explanation:
Answer:
i think its c) to
Explanation:
How can you determine your net worth?
Answers
Answer:
How much money do you make in 1 year that is your net worth
Explanation:
Marilyn has a biweekly gross pay of $810 and claims 3 federal withholding allowances. Marilyn has all of the following deductions from her gross pay: federal tax from the following table Social Security tax that is 6. 2% of her gross pay Medicare tax that is 1. 45% of her gross pay state tax that is 21% of her federal tax Determine how Marilyn’s net pay will be affected if she increases her federal withholding allowances from 3 to 4. A. Her net pay will increase by $15. 0. B. Her net pay will decrease by $15. 0. C. Her net pay will increase by $18. 15. D. Her net pay will decrease by $18. 15.
Answers
The net pay of Marilyn will increase by $18.15 due to the increase in the federal withholding allowances from 3 to 4.
The computation of net pay considering various federal withholding allowancesGiven,
Gross pay =$810
3 Federal withholding allowances =$37 (taken from the reference table)
4 Federal withholding allowances =$22 (taken from the reference table)
Federal state tax rate =21%
First, the state tax rate and the total amount of withholding for 3 Federal withholding allowances are computed:
\(\begin{aligned}\text{State Tax}&=\text{Claim Amount}\times\text{Federal State Tax Rate}\\&=\$37\times21\%\\&=\$7.77\end{aligned}\)
\(\begin{aligned}\text{Total Amount of 3 withholdings}&=\text{Claim Amount}+\text{State Tax}\\&=\$37+\$7.77\\&=\$44.77\end{aligned}\)
Now, the state tax rate and the total amount of withholding for 4 Federal withholding allowances are computed:
\(\begin{aligned}\text{State Tax}&=\text{Claim Amount}\times\text{Federal State Tax Rate}\\&=\$22\times21\%\\&=\$4.62\end{aligned}\)
\(\begin{aligned}\text{Total Amount of 4 withholdings}&=\text{Claim Amount}+\text{State Tax}\\&=\$22+\$4.62\\&=\$26.62\end{aligned}\)
The difference in the net pay will be the difference between $44.77 and $26.62, which is $18.15.
Therefore, Marilyn withholding will decrease from $44.77 to $26.62 that is increasing the net pay by $18.15
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what will I need to start a clothing shop
Answers
Answer:
Explanation:
But meanwhile his you are going to start a new clothing business you will not have much finance ( money ) but first u have to advertise to the customers . get the customers attraction and there satisfaction , because then one customer will spread the whole news about your clothing shop to almost all the customers. which will be beneficial for you .
You will have to advertise on the tv , radio , bill boards , newspapers , many other marketing equipments plus u must advertise your business in a way that the customers will be willing to purchase your clothes from your clothing shop.
Then eventually you will gain more profits and will lead to profits so after sometime you can create a a online shopping like a website , because some and many customers will be willing to purchase your clothes through the online platform. which saves the customers time and transportation costs and etc.
By the way the main element is customers because without customers there will be no lead / success to your clothing shop.
Hope this answer helps you :)
Have a great day.
Mark brainliest :)
Establishing an online professional network is an important tool for locating career opportunities in the twenty-first century.
False
True
Answers
Answer:
I say your answer option is true. I'm so sorry if my answer ends up being wrong. I tired my best
Answer:TRUE
Explanation:
you are a senior executive for apple corp. and have to make a decision on whether to continue on with the mightymouse project. although it initially had a total project cost baseline of $1,000,000., the project has already expended $2,000,000. and is only 50 percent done. should you consider the $1,000,000 over budget when determining whether to continue with the project?
Answers
As a senior executive for Apple Corp., it is important to carefully consider the financial implications of the MightyMouse project before making a decision.
In this case, the project initially had a total project cost baseline of $1,000,000. However, it has already expended $2,000,000 and is only 50 percent completed.
To determine whether to continue with the project, it is crucial to consider the $1,000,000 over budget. This indicates that the project has exceeded its initial cost estimate by $1,000,000.When evaluating whether to proceed with the project, the over budget amount is a significant factor to consider. It highlights that the project is costing more than anticipated. This may raise concerns about the project's financial viability and its potential impact on the overall profitability of Apple Corp.
However, the decision to continue or terminate the project should not be based solely on the budget variance. It is important to assess other factors as well, such as the projected revenue and potential market demand for the MightyMouse. Additionally, evaluating the benefits and drawbacks of completing the project versus terminating it prematurely is crucial.
To make an informed decision, consider the following steps:
1. Assess the current status of the project: Evaluate the progress made so far, the quality of work completed, and the remaining tasks.
2. Review the project timeline: Determine the estimated time required to complete the remaining 50 percent of the project.
3. Evaluate the projected revenue: Analyze the potential market demand for the MightyMouse and estimate the revenue it could generate upon completion.
4. Consider the potential impact on the company's brand reputation: Assess the implications of terminating the project on Apple Corp.'s reputation and customer perception.
5. Explore alternatives: Consider alternative uses for the resources invested in the project and compare their potential benefits and drawbacks.
6. Make a decision: Based on the evaluation of all relevant factors, including the budget variance, projected revenue, and other considerations, make a decision on whether to continue or terminate the MightyMouse project.
Ultimately, the decision should be based on a comprehensive analysis of all relevant factors, taking into account the financial implications, projected revenue, market demand, and the potential impact on the company.
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Question: Read this paragraph and identify and write at least five concepts that need concept analysis and operational definition. Explain your choice.
Paragraph: "Industrial processes emit huge amounts of organic compounds, carbon monoxide, hydrocarbons, and chemicals into the air" (Munsif, 2020). Industrial production and operations are responsible for industrial pollution, which makes up a large portion of overall air pollution emissions. Indoor (or domestic) air pollution is caused by the collective actions of people around the world. These include sources, such as transportation, which also constitutes a large percentage of total greenhouse gas emissions. A car, for example, emits greenhouse gasses, such as carbon dioxide, methane, and nitrous oxide (REF). "Pollutants come from human activities, such as cars, trucks, airplanes, marine engines, etc., factories, electric power plants, etc. Nowadays, vehicles on the road constitute the major source of air pollution in populated countries. Road transport accounts for a major source of air pollution. It is specified that road transport is the second source of air emissions up to 28.6% after the industrial use of solvents which is 41.4%." (Munsif, 2020).
Answers
Concept analysis and operational definition are necessary to understand which gases are included and what their potential impacts are on the environment and health. An operational definition will help us know what actions can be taken to control the emissions of these gases
Industrial processes:
Concept analysis and operational definition is necessary to understand which processes and industries are being referred to, as not all industries have the same pollution levels and causes. For instance, a paper mill has different emissions and pollutants than a cement factory. Therefore, which industries are included in the industrial process is essential to know. Also, operational definition of industrial processes will give clarity on what steps can be taken to reduce emissions and pollutants in each type of industrial process.
Organic compounds:
Concept analysis is required to determine which organic compounds are emitted and what their impact is on the environment and health. While operational definition of organic compounds is needed to establish a common understanding of what organic compounds are being referred to, as this is a broad term.
Carbon monoxide:
Concept analysis and operational definition are required to understand its impact on the environment and health. Also, an operational definition will help us know where it is emitted from, and how it can be controlled.
Hydrocarbons:
Concept analysis and operational definition are required to understand which hydrocarbons are being referred to, how they impact the environment, and their potential for causing health problems.
Collective actions:
Concept analysis and operational definition are necessary to understand what actions are being referred to, and how they impact air pollution. Also, operational definition will help us identify what steps can be taken to reduce the collective impact of these actions.
Greenhouse gases:
Concept analysis and operational definition are necessary to understand which gases are included and what their potential impacts are on the environment and health.
An operational definition will help us know what actions can be taken to control the emissions of these gases.
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Karen makes custom jewelry. In order to sell her jewelry, Karen rents a small kiosk at the local mall for $50 per month. She must buy blank medallions, stones, and chains to make her custom necklaces. These supplies cost approximately $30. Karen sells her necklaces for $55 each. How many necklaces must she sell to cover her costs?
Answers
Answer:
She will break even each month / cover her costs by selling 2 necklaces
Explanation:
If it's $50 a month, that is Karen's total monthly costIt costs $30 to make each necklaceShe sells the necklace for $55 eachTotal profit for each necklace therefore = sales price - cost, or $55 - $30, which is $25 profit per necklaceTo cover rent, which is $50, you take rent / profit per necklace or $50 / $25 profit per necklace, which is 2 necklacesJoni, a college student, has $400 worth of expenses monthly. How much should she save be financially secure?
Answers
Answer:
200 i think sorry if im wrong
Explanation:
Teams have better communication than other workers because they get to
a. Know each other better
b. Attend commurication seminars
C. Earn extra benetits packages
d. Use better telephones
Answers
Who are mangers? Explain how managers differ from non-managerial
employees and Describe classification, levels and different skills of managers.
Answers
Answer is given below
Explanation:
The manager is a person who belongs to the management team and assists in the management of the company. Non-administrative employees are members of an organization with no administrative functions. Managers are different from non-administrative employees The responsibility of the manager is greater than that of a non-managerial employee. Since the manager is a role model for non-managerial employees, he must have good morale. The manager is responsible for his subordinate actions. The manager is responsible for achieving the goals of the organization, however the coordination effort of all employees is required. The absence of a non-manager does not affect the performance of the company more than the absence of a manager.Which of the following is NOT an animal rights group?
O People for the Ethical Treatment of Animals (PETA)
O Local animal rights group
O Mercy for Animals
O National Animal Interest Alliance
Answers
Answer:
National Animal Interest Alliance
Explanation:
The National Animal Interest Alliance; (NAIA) is a group or an association of different professionals dedicated to promoting animal welfare. It is a lobby group that seeks to strengthen the human-animal bond and to safeguard the rights of responsible animal owners.
PETA) is People for the Ethical Treatment of Animals ( is an international not-for-profit organization supporting animal rights. It is dedicated to ending the abusive treatment of animals.
Mercy for Animals endeavors to build a society in which all animals are treated with respect and compassion. It aims at ending cruelty to farmed animals and promoting compassionate animal feeding policies.
Answer:
pp
Explanation:
Does it make sense to buy software to measure carriers' performance? A. Yes. Doing so allows you to make side-by-side comparisons of carriers' on-time rates, damages, and many other important measurements. B. No. There's no substitute for calling carriers and finding out their information through a series of one-on-one conversations. C. Maybe, if you're just starting out in the business. D. Maybe, if you've been a broker or agent for many years and need to fine-tune your carrier selections.
Answers
Yes. Doing so allows you to make side-by-side comparisons of carriers' on-time rates, damages, and many other important measurements. Option A is the correct answer.
By purchasing software to measure carriers' performance, you gain access to data-driven insights and metrics that can help you evaluate carriers more effectively. This software provides objective measurements of carriers' performance, such as on-time delivery rates and damages, allowing you to compare different carriers' performance side by side.
This data-driven approach provides valuable information for making informed decisions and selecting carriers that best meet your specific requirements. It saves time and effort compared to relying solely on one-on-one conversations with carriers, making it a sensible choice for improving carrier selection and performance evaluation.
Option A is the correct answer.
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A travel agent is able to offer a client a 15 percent discount on a luxury hotel suite that normally
costs $375 per night. What is the discounted rate?
Answers
Answer:
Discounted amount luxury hotel suite = $56.25
Explanation:
Given:
Discount rate on luxury hotel suite = 15%
Cost of luxury hotel suite = $375 per night
Find:
Discounted amount luxury hotel suite
Computation:
Discounted amount luxury hotel suite = Discount rate on luxury hotel suite x Cost of luxury hotel suite
Discounted amount luxury hotel suite = 375 x 15%
Discounted amount luxury hotel suite = 375 x 0.15
Discounted amount luxury hotel suite = $56.25
You want to write a press release about a free new app you're offering. The app allows people to keep track of what they've eaten each day and reports on nutritional value and calories. It also creates customized recommendations for improving your diet. By emphasizing the cost-free nature of this useful tool in the press release, you are primarily relying on which principle of persuasion?
Answers
The principle of reciprocity is being used when emphasizing the free nature of the useful tool in the press release, as this principle generates a reciprocal response to individuals.
What is the principle of reciprocity?It corresponds to an approach developed by Cialdini, who states that reciprocity is the first principle of persuasion, as individuals are conditioned to reciprocate favors and concessions to others.
Therefore, by using the principle of reciprocity, emphasizing the free nature of the new app, the company hopes to generate more attention, use and positive response from the target audience as a form of retribution.
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You plan to set aside $500 for 5 years. The account pays annual interest of 8 percent, compounded quarterly. The ending balance (principal plus interest) will be ___at the end of 5 years.
Answers
Answer:
$942.27
Explanation:
The applicable formula for this case is A = p x ( 1 + r) ^ n
Where A is the amount after 5 years
p = Principal amount: $500
r = Interest rate : 8 % or 0.08 per year.
quarterly interest rate = 0.08/4 = 0.02
n = number of period : 8 year or 32 quarters (8 years x 4 )
A = $500 x (1 + 0.02) ^32
A= $500 x (1.02)^32
A =$500 x 1.88454
A=$942.27
Amount after five years will be $942.27
Perfect competition has many sellers. has many sellers. is dominated by a few large firms. is dominated by a few large firms. is regulated by the government. is regulated by the government. includes monopolies and oligopolies.
Answers
Perfect competition is a market structure characterized by many sellers, not by a few large firms or monopolies/oligopolies.
In perfect competition, there are numerous independent sellers, each selling an identical or similar product. No single firm has control over the market, and each seller has a negligible impact on market price.
The key characteristics of perfect competition include:
1. Many sellers: There are a large number of firms operating in the market, with no single firm having a significant market share.
2. Identical or similar products: The products sold by different firms are homogeneous or nearly identical, making them perfect substitutes for consumer .
3. Price takers: Individual firms in perfect competition have no influence over the market price. They take the prevailing market price as given and adjust their quantity supplied accordingly.
4. Free entry and exit: Firms can freely enter or exit the market in response to market conditions. There are no significant barriers to entry or exit.
5. Perfect information: Buyers and sellers have complete knowledge of market conditions, including prices, quality, and availability of goods or services.
In contrast, market structures dominated by a few large firms are known as oligopolies or monopolies, where market power is concentrated in the hands of a limited number of sellers. These market structures often involve strategic interactions among the firms and may require government regulations to prevent abuse of market power. However, in perfect competition, no single firm has enough power to influence the market, and government regulation is generally not necessary.
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What are the interest cost and the total amount due on a six-month loan of $1,500 at 13.2 percent simple annual interest? (Do not round intermediate calculations. Round your answers to the nearest whole number.)
Answers
The total amount due on the loan is $1,599. To calculate the interest cost and total amount due on a six-month loan of $1,500 at 13.2 percent simple annual interest, we can use the following formula:
Interest = Principal x Rate x Time
Where:
Principal = $1,500
Rate = 13.2% per year
Time = 6 months
To convert the annual interest rate to a monthly rate, we divide by 12:
Monthly rate = 13.2% / 12 = 1.1% per month
Now we can calculate the interest cost:
Interest = $1,500 x 1.1% x 6 = $99
The interest cost is $99.
To find the total amount due, we add the interest cost to the principal:
Total amount due = $1,500 + $99 = $1,599
The total amount due is $1,599
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Can QuickBooks track profitability?
Answers
Answer:
You'll see a snapshot of your income, costs, and profits in the header of every project page.
Which examples demonstrate common education and qualifications for Management and Entrepreneurship careers? Check all that apply.
Horatio is good at following instructions.
Marissa has strong visual design skills for arranging displays.
Letisha has a bachelor’s degree in marketing.
Quentin has many years of experience in public relations.
Devon is able to stand for long periods of time.
Lloyd is skilled at planning and managing budgets.
Answers
Answer:
3- Letisha has a bachelor’s degree in marketing.
4-Quentin has many years of experience in public relations.
6-Lloyd is skilled at planning and managing budgets.
Explanation:
The example that shows qualification are
Letisha bachelor’s degree in marketing.Quentin years of experience in PR.Lloyd skills at planning and managing budgets.What are management and enterpreneurship?Management and the entrepreneurship both terms refer to the part of administration of an organization that can be the business, the nonprofit, or even the government body.
Entrepreneurship is a process of discovering the new ways to combine resources. These resources have a greater value than the market.
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The u.s. bureau of labor statistics has a website that can be of great help when researching careers. it contains many types of information, including: career outlook. career locations and environments.
Answers
The U.S. Bureau of Labor Statistics helps with career advice with a section of their website allowing for career research so this is True.
How does the U.S. BLS help with career research?The Bureau of Labor Statistics is interested in helping Americans to decide what career best suits them.
They offer this help by operating a section on their website where different information on careers are found such as career locations and environments.
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Answer:
Option B: Salary
Explanation:
Edge 2022
Which option is best described as a complementary good for trucks?
A. Truck blogs
B. Truck fuel
C. Truck factories
D. Truck regulations
Answers
A good example of a complementary good is Truck regulations since they are used together.
What is regulation?The control of complicated systems in accordance with a set of laws and trends is known as regulation. According to systems theory, these kinds of laws occur in many facets of biology and society, albeit the phrase can have slightly different connotations depending on the situation.
In its broadest sense, regulation is the imposition of rules by the government, supported by the use of sanctions, with the goal of specifically altering the economic behavior of people and businesses in the private sector. There are numerous regulatory tools or objectives.
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Answer:
B. Truck fuel
Explanation:
I just got it wrong with letter D and it is letter B
The concept of limited liability
Answers
Answer: Function, The function of the concept of limited liability is to provide the owners of businesses a way to protect their personal assets. For example, if a business is sued, the person seeking compensation cannot go after the personal property of the business' owners.
Types The concept of limited liability gives rise to a variety of different types of business organizations.These include corporations and limited liability companies, all of which are created by the laws of each of the 50 states.
Significance The concept of limited liability plays a significant role in commerce. Absent the concept of limited liability, individuals would shy away from investing in businesses of any type. The vast majority of individuals would not want to put their personal property at risk by becoming involved in a business enterprise.
Features The concept of limited liability restricts the amount of money a person risks to what she invests in a business enterprise
Exception Protections normally associated with the concept of limited liability can be set aside in certain situations. For example, if a business owner co-mingles personal and business assets -- in a common bank account, for example -- an individual with a claim against the business likely can seek compensation from some, if not all, of the business owner's personal assets.
Expert Assistance A business owner facing a situation in which another individual or business makes a claim against the business should seek legal assistance. A qualified attorney not only protects the interests of the business but works to ensure that the owner's personal assets do not end up in jeopardy.
Explanation:
f the government uses fiscal policy to reduce the budget deficit during a recession, the government will make the recession worse, ceteris paribus. question 6 options: true false
Answers
During a recession, if the government undertakes fiscal policy to lower the budget deficit, the economy will become worse. This assertion is true.
In order to increase demand and the economy during a recession, the government may lower tax rates or increase spending. On the other side, it can slow the economy in order to fight inflation by raising rates or reducing expenditure.
Expansionary fiscal policy is ideal when an economy is in a recession and generates less than its potential GDP. Fiscal policies that are in a contractionary mode reduce the level of aggregate demand through cuts to public spending or tax hikes.
Taxes and government expenditures are the primary tools of fiscal policy. if the economy is in a recession.
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