Question: The fiscal deficit of the country Zoldova has been increasing at an alarming rate for the last decade. One of the major reasons for the worsening fiscal deficit has been indiscriminate government spending which had to be financed by printing more currency. The continuous increase in money supply to finance wasteful government expenditure caused the inflation rate to hit triple digits. With rising instability in the country, the central bank had to redenominate its currency earlier this year. As a result, currency worth 10,000 Zoldovan dollars last year are now worth only 100 Zoldovan dollars. Which of the following is most strongly implied by the information given in the question?
A. Zoldova's GDP reached an all-time low this year.
B. The ability of the Zoldovan dollar to function as a store of value has declined.
C. Personal income tax rates in this country are very low.
D. This is the first time the country has experienced hyperinflation.
E. Generous salaries and perks to government officials accounted for a substantial portion of government spending.
Answer: The ability of the Zoldovan dollar to function as a store of value has declined.
Fiscal deficit is the difference between the total revenue and the total expenditure of a government. It is usually known as the total borrowing needed for a budget to be implemented.
As a result of Zoldovan increasing fiscal deficit, the value of their currency has decreased.
I believe the answer is: <span>Athenian participatory democracy
</span><span>Athenian participatory democracy is a system of direct democracy where people could directly vote for the regulations that must be imposed in the society.
This is different from current type of democracy where people could only vote for the representatives</span>
I think it’s B
Hope that’s right :)
Answer:
Explanation:
Many girls and women across Somalia suffer from period poverty; they lack access to basic and essential feminine hygiene products such as sanitary pads. Lack of adequate sanitary hygiene products forces some girls to use unhygienic materials, potentially increasing urogenital symptoms and infection.
The strategy that Tom used in his selection of topics is
presenting the information that is related to the listeners’ interest as it
could be seen in the scenario above that he shared the information that the
people can relate to as the information is associated to the local town square.
