Select the best term to describe different approaches to federal finance.
a. Policymakers should reduce spending and increase taxes when the economy is growing in order to prevent "overheating."
b. This approach was considered conventional wisdom until the advent of the Great Depression.
c. Policymakers should focus on keeping unemployment low and providing the people with the public goods and services they want.
d. If insisted upon, this approach would only worsen the economy during a recession.
e. This approach ignores the impact of the budget on the business cycle.
WORD BANK
functional finance
cyclically balanced budget
annually balanced budget
Answers
a. Cyclically balanced budget
b. Annually balanced budget
c. Functional finance
d. Annually balanced budget
e. Functional finance
Cyclically balanced budget is one which is balanced over a business cycle instead of yearly. Such a budget makes sure that the needs of economy are met during various stages of business cycle. When the economy is on a stage of growth, or a boom, a cyclically balanced budget would increase taxes and reduce spending so that the aggregate demand stays low.
Until the Great Depression, budget was balanced each year, which is characterised by increased taxation and spending cuts by the government. Both of this forced the economy into a worse state during the Great Depression. During recession and depression, the economy needs to be stimulated and money should be injected, both of which cannot be done through a balanced budget.
Functional finance puts greater emphasis on the effects of government spending and taxation instead of the concept of balanced budget. Such fiscal policy measures can improve various factors like unemployment and public good availability by focusing on these factors through various policies. Unemployment can only be rectified through greater spending and reduced taxation, which is possible through functional finance
During a recession, the economy is at a stage of negative growth. The only policy response that can improve such a situation is by injecting more money into the economy and by stimulating aggregate demand. But through an annually balanced budget, the emphasis is on keeping the revenue and expenditure equal, which means greater taxation and spending cuts. This can worsen a recession.
In case of functional finance, more emphasis is placed on the effect certain policies can have on the economy. It boosts employment and other factors. But at the same time, it does not take into consideration the impact of the fiscal policy measures on the business cycle.
Until the 1930s, conventional wisdom held that the federal government should have a balanced budget each year, meaning that expenditures would equal revenue and no more for each fiscal year. However, the coming of the Great Depression, which brought a drastic increase in expenditure alongside an increase in spending, showed how this approach would only worsen the situation during times of recession and another approach would be needed.
A cyclically balanced budget does not seek to balance the budget each year, but rather keep it balanced along with the business cycle. The goal here is to decrease spending and increase taxes during economic expansions as a way to soften the blow, or even create a surplus, in preparation for the inevitable contraction of the economy.
The functional finance approach argues that policy makers should focus on providing the public with the goods and services they demand and ignore the business cycle while focusing on maintaining employment. A budget deficit or surplus is of secondary concern to adherents of this approach.
Related Questions
According to data from the US "Gun Violence Archive" (Gun Violence Archive), there have been at least 328 mass shootings in the US so far in 2023. And guns are now the leading cause of death among American children.
What is the government doing to curb criminal activity?
Answers
The US government is taking various measures to curb criminal activity, including addressing gun violence. To tackle the issue of gun violence, the government has implemented or proposed several measures.
Measures include strengthening background checks for firearm purchases to prevent guns from falling into the wrong hands. The government is also considering legislation to ban or restrict certain types of firearms, such as assault weapons or high-capacity magazines. Additionally, there are efforts to improve the mental health system to identify individuals at risk of committing acts of violence and provide them with appropriate care and support.
Law enforcement agencies are also working to combat criminal activity. This involves increasing police presence in high-crime areas, implementing community policing programs to build trust between law enforcement and the community, and investing in training and resources for police officers. The government is also focused on enhancing intelligence sharing and cooperation between federal, state, and local law enforcement agencies to better prevent and respond to criminal activity.
Furthermore, the government is investing in programs aimed at preventing crime and addressing its root causes. This includes initiatives to reduce poverty, improve education, provide access to job opportunities, and support at-risk individuals and communities.
It is worth mentioning that curbing criminal activity requires a multi-faceted approach, involving not just the government but also the active participation of communities, non-profit organizations, and individuals. It is an ongoing effort that requires continuous evaluation and adjustment of strategies to effectively address the complex issue of criminal activity.
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Melon Heads are generally described as small humanoids with bulbous heads, occasionally emerging from hiding to attack people.
Answers
Answer:
WHY WERE THEY RELEASED?????
Which statement provides a MAIN idea of the article?
(A) Historians discovered Harappan ruins by accident.
(B) The Harappans built their houses on raised platform
Answers
Answer:
A
Explanation:
Answer B has nothing to do with any sort of a main idea
What is the difference between complementary and substitute goods and give one example of each? (Economics)
Answers
Answer:
Complementary goods are products often used together, whereas substitute goods are products used in place of each other. Here is an example of each:
Complementary goods: Peanut butter and jelly. The two are often consumed together and are, therefore, considered complementary goods. If the price of peanut butter increases it could lead to a decrease in demand for jelly, as people may be less likely to buy both products together.
Substitute goods: Coffee and tea. While they are not the same product, they can be used in place of each other to satisfy a similar need (a hot beverage). If the price of coffee were to increase, it could lead to an increase in demand for tea, as people may switch to tea as a more affordable alternative. Similarly, if the price of tea were to increase, it could lead to an increase in demand for coffee.
Explanation:
Isabel works in an advertising firm. She is required to come up with new catchphrases and slogans for a brand. According to the triarchic theory of intelligence, this situation most likely requires an application of her:
Answers
Answer: C. creative intelligence
Explanation:
The Triarchic theory of Intelligence as postulated by Robert Sternberg believes intelligence to be about how a person is able to handle and adapt to their surroundings and the changes in it as they go through life.
It is divided into three parts with the relevant part for this question being Creative / Experiential intelligence. This intelligence refers to the ability to come up with new and different ideas on how to solve something. It is about being able to see a problem in a way no one else does and as such offer a different solution. Essentially, it is to be creative.
Isabel will have to apply her Creative Intelligence to be able to come up with the new catchphrases required as the task requires creativity.
Subject is Government
Create a "Get Involved with Politics" brochure to be distributed in your neighborhood. The leaflet should outline three ways for the citizens of your community to become involved with issues you select. Your research should explore opportunities available to work as a volunteer or part-time in order to help improve the local government within your town or city.
For each opportunity, please answer the following questions:
Who would they be helping?
What is the service?
When does the organization need help?
Where is the organization located?
Why should your neighbors help that particular cause?
How can your neighbors contact those in charge in order to sign up?
Answers
Answer:
Some friendly neighbors share dinners, minimizing the effort it takes to cook. Others trade fruit from their trees. A neighbor who borrows a few eggs may come back with a plate of cookies that the eggs helped create. Knowing your neighbors increases everyone's ability to share.
e the clues and a map of Africa from a prim
Clue one: I border the Indian Ocean.
Clue two: I am north of Mozambique.
Clue three: My capital starts with a "D.
I am answer?
Answers
Based on the given clues, the answer is "Tanzania."
Tanzania borders the Indian Ocean to the east, and it is located north of Mozambique. Its capital city, Dodoma, starts with the letter "D."
What is the map about?Africa is the world's second-largest and second-most-populous continent, covering an area of approximately 30.3 million square kilometers. It is home to 54 countries, diverse cultures, languages, and religions, making it a continent of great diversity.
The first clue provided was "I border the Indian Ocean." Tanzania is a country located on the eastern coast of Africa and has a coastline on the Indian Ocean.
Therefore, the second clue given was "I am north of Mozambique." Mozambique is a country located to the south of Tanzania, which means Tanzania is located north of Mozambique.
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help me to answer this questions..may u please number the answers in order
Answers
Answer:
3.5, 3.2, 3.1, 3.3, 3.4
Explanation:i know this
MIS as a technology based solution must address all the requirements across any structure of the organization. This means particularly there are information to be shared along the organization. In connection to this, a student has complained to MIS grade recently submitted that he does not deserve C+. following the complaint, the instructor checked his record and found out that the student’s grade is B+, based on the request the Department Chair also checked the record in his office and found out the same as the Instructor. Finally, the record in the registrar office consulted and the grade found to be B+. Therefore, the problem is created during the data entry of grades of students to the registrar system. Based on the explanations provided, which of information characteristics can be identified?
Answers
Answer:
Explanation: Due to problem created during the data entry the grade found to be B+ was recoded as it was C+. It indicates that the information is unreliable. Reliability is a vital data quality characteristic. When pieces of information contradict themselves, you can’t trust the data. You could make a mistake that could cost your firm money and reputational damage.
Based on the explanations provided, the characteristics of the information that can be identified are accuracy and reliability.
Is every information system accurate?No, because an information system operates through the transformation of data into information, but to reflect the veracity of the information it is necessary that the data input in a system is correct, that is, there is integrity for the information to be correct.
Therefore, we see that data entry into the system records is imprecise and unreliable, and the record of data inputs and outputs should always be analyzed to identify its reliability.
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Briefly explain how we express our culture through the following food,festivals, dance, crystalline,dressing greeting, chieftaincy and religion
Answers
Rituals and festive events often take place at special times and places and remind a community of aspects of its worldview and history. In some cases, access to rituals may be restricted to certain members of the community; initiation rites and burial ceremonies are two such examples. Some festive events, however, are a key part of public life and are open to all members of society; carnivals and events to mark the New Year, beginning of Spring and end of the harvest are inclusive occasions common all over the world.
Social practices shape everyday life and are familiar to all members of the community, even if not everybody participates in them. Distinctive social practices that are specially relevant to a community and help reinforce a sense of identity and continuity with the past are given priority in the 2003 Convention. For example, in many communities greeting ceremonies are informal while in others they are more elaborate and ritualistic, acting as a marker of identity for the society. Similarly, practices of giving andreceiving gifts may range from casual events to formal arrangements with significant political, economic or social meanings.
Service and respect are the basis of building society
Answers
It is true that the foundation of society is service and respect. They are referred to as significant pillars of society. Building societies are financial organizations. It is owned and operated as a mutual organization, and it has members.
It provides banking services along with others like savings accounts and mortgage lending. Currently, several nations practice it. As a home helping hand, people founded this organization. It is an ordinary bond. In society, people support one another.
Because it has been shown to exacerbate people's financial situations, it aims to eliminate providing unsecured business loans and encourage prudence. Banks were found to be less safe and convenient than building societies.
As a result, the significance of the statement are the aforementioned.
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Which of these are considered goals of economic policies?
Answers
Answer:
You included no options so I will just give a few goals of economic policies.
Stability - One of the major goals of economic policy is stability in the markets such that prices are stable and do not fluctuate (especially towards the higher end) in value such that the value of money is affected and people's capacity to engage in trade is hampered. Protect employment - Another goal of economic policy is to try to reduce the unemployment rate as low as it can possibly go. This involves protecting and creating more employment as this will ensure that more people can afford their needs and wants. Economic Growth - Growing the economy is paramount when it comes to economic policy. A growing economy means that more people are employed and the economy is producing more goods and services thereby taking care of more of its people.you have a special talent that no other student has that makes you______
Answers
Answer:
special or unique, or maybe even worthy, different,
Explanation:
Answer:
distinctive
Explanation:
If you are doing the social studies quix/lesson this is the anwser because the choices are
distinctive
mosaic
empowered
descent
And the only one that makes you speical/Diffrent is distinctive.
Distinctive-Specially diffrent;set apart
"Renaissance period was the milestone for modernisation of the world" how? Justify.
Answers
Answer:
This was a modern age with large amounts of innovation and progress such as political mathematical scientific and artistic advancements and overall new ideas . There for modernizing the world .
How did political change in England affect colonial governments?
Answers
Crowning of King James II led to loss of some political control.
How did England impose political control over the colonies?
Each of the thirteen colonies had a charter, or formal agreement between the colony and the monarch of England or Parliament. Royal colonies were governed directly by the monarch according to their charters. Men who owned property elected a colonial legislature. However, in principle, governors were in charge and were chosen by the monarch. The legislatures were in charge of setting the governor's salary and frequently utilized this power to bring the governors in line with colonial desires.
Colonial economies were governed by MERCANTILISM, a system predicated on the idea that colonies were established to boost the wealth of the home nation. England sought to restrict commerce, and ban colonies from trading with other European countries. Trade was governed by England, but colonies were given the freedom to set their own taxes.
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(5pts) Which of the following was one of Jimmy Carter’s accomplishments after serving as President of the United States?
A
He helped bring major sports teams to Atlanta.
B
He helped negotiate the Camp David Accords between Israel and Egypt.
C
He restructured and consolidated many of Georgia’s state government agencies.
D
He founded a center in Atlanta to advance human rights and promote democratic practices.
Answers
Answer:
He founded a center in Atlanta to advance human rights and promote democratic practices.
Explanation:
Please write down three examples regarding how stress effects the biological systems discussed that you found particularly interesting or surprising (e.g., how stress affects cardiovascular system, digestion, growth, reproductive system) and tell me why these were interesting to you.
Answers
explain the role, structure, and function of cliques and crowds. please provide examples from current television and/or movies to illustrate your explanation.
Answers
Cliques and crowds are both social groups that play important roles in adolescent development.
A clique is a small, close-knit group of friends who share similar interests and values, and often have similar backgrounds. A crowd, on the other hand, is a larger, more loosely organized group of people who share a common identity or social status.
The structure of a clique is typically hierarchical, with one or two individuals acting as leaders and others following their lead. Crowds, on the other hand, are less hierarchical and often have multiple leaders or no clear leader at all.
The function of a clique is to provide a sense of belonging and support for its members. Cliques often serve as a source of emotional support and a place to share personal experiences and feelings. Crowds, on the other hand, provide a sense of identity and social status. Being part of a crowd can also provide a sense of belonging and acceptance, but it is often more about fitting in and being part of a larger group.
Examples of cliques and crowds can be seen in many current television shows and movies. For example, in the television show "Gossip Girl," the main characters are part of a clique of wealthy, privileged teenagers who navigate the social scene of New York City's Upper East Side.
In the movie "Mean Girls," the main character, Cady, navigates the cliques and crowds of her high school, including the popular "Plastics" clique and the various crowds of jocks, nerds, and other social groups.
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Annalise keeps a mealworm colony in an aquarium to feed her pet lizard. She bought her first yellow mealworms years ago. Since then, the mealworms have reproduced fast enough that Annalise has never added any more to the tank. A couple of months ago, Annalise noticed that there were several black mealworms in with the light ones. Today, she checked again and saw even more black mealworms. What is the likely source of the new variation in mealworm color?
Answers
The likely source of the new variation in mealworm color cold a genetic mutation.
What could be the reason for appearance of black mealworms?in Annalise's colony, the possibe reasons could be most likely be genetic mutation and possibly Predators and Inadequate food supply. In this case, since Annalise has not introduced any new yellow mealworms in years and the black mealworms have appeared gradually over time, it is most likely a result of a genetic mutation.
The mutations are natural and can occur randomly in any population over time which leads to new traits and variations. In this case, it seems that a mutation has led to the emergence of black mealworms in Annalise's colony.
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what conclusions can be drawn about the relationship between Native Americans and settlers in the West?
a. Most Native Americans lived near Yurok in California.
b. Many Native Americans were living in the Southwest.
c. Native Americans and settlers were involved in multiple battles.
d. Native Americans thought that the reservation system was unfair.
Answers
What is the best definition of technology?
ОО
Technology is replacing human workers with mechanical or electronic devices.
Technology is applying scientific knowledge to find answers and fix problems.
Technology is using fewer resources to manufacture goods more efficiently.
O Technology is hiring workers from all over the world to manufacture goods.
Answers
Answer:
b or c
Explanation:
1. Discuss how industrialization has changed society by addressing these points:
• How the Industrial Revolution gave rise to adolescence as a new stage of the life course
• Structural functionalist Émile Durkheim's view of what held society together after the
breakdown of traditional preindustrial communities
• Conflict theorist Karl Marx's view of why wealthy industrialized countries have so many poor
people
• Symbolic interactionist Max Weber's explanation of how social changes in the Industrial
Revolution led to rational decision making and the creation of bureaucracies
(15 points)
Answers
The Industrial Revolution, which began in the late 18th century, had a significant impact on society in various ways. Here are some points on how industrialization has changed society:
How industrialization has changed societyThe Industrial Revolution gave rise to adolescence as a new stage of the life course: With the rise of factories and the growth of urban areas, the traditional family structure changed, and young people were no longer needed to work on farms or in family businesses.
Structural functionalist Émile Durkheim's view of what held society together after the breakdown of traditional preindustrial communities: Durkheim believed that the breakdown of traditional preindustrial communities was due to the social changes brought about by industrialization.
Conflict theorist Karl Marx's view of why wealthy industrialized countries have so many poor people: Marx believed that industrialization created a class-based society where the wealthy capitalist class exploited the working-class.
Symbolic interactionist Max Weber's explanation of how social changes in the Industrial Revolution led to rational decision making and the creation of bureaucracies: Weber argued that social changes brought about by industrialization led to rational decision making and the creation of bureaucracies.
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How does brain drain affect the progress of Nepal? Clarify with examples
Answers
Explanation:
the answer is in the image above
Answer:
Loss of potential future entrepreneurs.
Explanation:
A shortage of important, skilled workers. The exodus may lead to loss of confidence in the economy, which will cause persons to desire to leave rather than stay. ... Loss of the country's investment in education.
the largest part of the brain concerned for higher two processes memory judgment and reason
Thx
Answers
Answer:
I think Cerebral Cortex
Answer:
The two hemispheres of the cerebral cortex are part of the forebrain which is the largest part of the brain. ... The cerebral cortex, which is the outer surface of the brain, is associated with higher level processes such as consciousness, thought, emotion, reasoning, language, and memory
Each lobe controls specific functions. For example, the frontal lobe controls personality, decision-making and reasoning, while the temporal lobe controls, memory, speech, and sense of smell.
It is the prosecutor’s job to prove the defendant guilty beyond a reasonable doubt, which is the highest standard of proof required in a court proceeding. Which of the following is an example of something that would cause reasonable doubt?
A suspect’s DNA is found at the crime scene.
Someone other than the suspect confesses to the crime.
A suspect’s alibi is proven false by the police.
The suspect keeps changing their story.
Answers
Answer:
Someone other than the suspect confesses to the crime.
Explanation: Test
2. How could you use a thematic map?
a. to find directions to someone's house
b. to see where the closest store is
to find out what the tallest mountains
d. to see the rainfall amount across the United States
Answers
Find S/X for the following data set 8,7,2,4,4,8,2,4,6,5,7,3,9,4,5,4,7
Answers
Answer:
rightboj
Explanation:
apart from salary what other factors are considered before doing any work
Answers
Answer:
1. Benefits
2. Hours
3. Office Culture
4. Coworkers
5. Passion
6. Future Opportunities
Explanation:
1. Things like health, dental, etc that some jobs offer, but others don't.
2. Whether it's full-time, part-time, whatever.
3. What other employees think of their own jobs/superiors.
4. Whether the majority of other employees are people you'd work well with.
5. Whether or not you care about the work you'd be doing.
6. Possibilities for promotions, raises, career advancement, etc.
Hope this helps!! (Also - If it does, could you mark me as brainliest? Trying to boost my score. Thanks!)
POINT AND BRAINLIEST GIVEAWAY!!
If you could make amends with one person, who would it be? Why?
Answers
Answer:
bart simson
Explanation:
yeeee buddy
Answer:
Bill gates
Explanation:
Pretty self explanatory, plus i'd love to meet somebody so brilliant
What do Martin Luther and Nicolaus Copernicus have in common?
A. They both made significant discoveries in astronomy.
B. They both were excommunicated from the Catholic Church
C. They both became arch bishops in the Catholic Church
D. They both started a "revolution", a complete and dramatic change in the way people think about something.