Answer: The correct answer is : True
Explanation: A contractionary fiscal policy prescription or raising taxes and / or decreasing government spending will help to reduce aggregate demand and thus reduce the inflationary gap. Keynesian economics is a theory of total spending on the economy and its effects on production and inflation.
Answer:
In the terminology of classical conditioning, the smell of tequila is now a conditioned stimulus.
Explanation:
The day that Erin drank too much, the tequila was an unconditioned stimulus, producing a natural and unconditioned response, the vomit. Now the tequila has been paired with its smell, and the pure smell became the conditioned response, producing the same reaction as the tequila.
President truman stated that the world was facing aserious threat of communism (socialism) which was eating up the most European countries.
It should be noted that socialism began in USSR( Russia) as a means of making properties and private owned properties to be owned by the community inorder to reduce the wide gap between the rich and the poor.
