Please match each description with the appropriate approach to federal finance. Policymakers should reduce spending and increase taxes when the economy is growing

in order to prevent "overheating".

This approach was considered conventional wisdom until the advent of the

Great Depression.

Policymakers should focus on keeping unemployment low and providing the people

with the public goods and services they want.

If insisted upon, this approach would only worsen the economy during a recession.

This approach ignores the impact of the budget on the business cycle.

cyclically balanced budget

annually balanced budget

functional finance

Consider a small island country whose only industry is weaving. the following table shows information about the small economy in two different years. complete the table by calculating physical capital per worker as well as labor productivity. hint: recall that productivity is defined as the amount of goods and services a worker can produce per hour. in this problem, measure productivity as the quantity of goods per hour of labor. year physical capital labor force physical capital per worker labor hours output labor productivity (looms) (workers) (looms) (hours) (garments) (garments per hour of labor) 2024 160 40 1,800 14,400 2025 180 60 3,900 23,400

For each example identify the most appropriate ctso

Oliver's company is planning the launch of their hybrid cars. the company has included "never-before-seen" product benefits in the hybrid cars. which type of advertising should oliver's company use for the new cars?