Answer:
Option A -- there is often a conflict between winning political elections and adoption of only productive programs.
Explanation: It's a known fact that, Government action will often result in the counterproductive use of resources because there is often a conflict between winning political elections and adoption of only productive programs. Therefore, Option B, Option C and Option D are wrong in this context.
The income effect is the change in the demand of the goods and services as an result of the change of the The increased voluntary income of the consumer. Hense, the best option that describes the income effect is;The increased income earned by suppliers because of high prices. :)
It would be Bandura's Observational Learning theory. she learned the behavior from her watching and interacting with her family
The mandate for the monetary policy goals that has been given to the federal reserve system is an example of a <u>dual </u>mandate.
The Federal Reserve Act mandates that the Federal Reserve conduct economic policy "if you want to sell efficiently the dreams of most employment, stable expenses, and mild long-time period hobby quotes."1 even though the act lists 3 wonderful dreams of monetary coverage, the Fed's mandate for financial coverage is not unusual.
The goals of monetary policy are to sell most employment, solid expenses, and mild lengthy-time period interest costs. by way of enforcing powerful monetary coverage, the Fed can hold strong prices, thereby helping conditions for lengthy-term monetary increase and maximum employment.
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