How can cultural diversity affect the people in an area

1 answer:

const2013 [10]4 years ago

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Cultural diversity has affected society in many ways throughout history. In recent decades, increased communication and travel possibilities made the transfer of people, and by extension their culture, more widespread.

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A big increase in government spending is an example of a _________.

Anna35 [415]

A big increase in government spending is an example of a positive demand shock.

A demand shock is a sudden event that increases or decreases demand for goods or services temporarily. A positive demand shock increases aggregate demand and a negative demand shock decreases aggregate demand. Therefore there will be an initial inflation with the shock but since demand shocks are temporary and the central bank commits to an inflation rate target, then over time inflation will fall back down to the inflation target.

Expansionary fiscal policy is an increase in government spending or a decrease in taxation, while contractionary fiscal policy is a decrease in government spending or an increase in taxes. Expansionary fiscal policy can be used by governments to stimulate the economy during a recession.

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1 year ago

20 POINTS HELP ME An important difference between the federal government’s budget and a personal budget is that only the governm

MariettaO [177]

Answer:

<em>Well, Your best answer will be is </em><em>A. Making spending decisions in the national interest. Good Luck!</em>

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