<h3><em><u>Definition of national economy. : the economy of a nation specifically : the economy of a nation as a whole that is an economic unit and is usually held to have a unique existence greater than the sum of the individual units within it.</u></em></h3><h3 />
Answer:It helps to reduce uncertainty in inflation expectations of market participants and the populase.
Explanation: INFLATION is the rise in the price of goods and services rendered within an Economy,it is mainly caused by shortages in supply or certain Government policies.
When the inflationary trends in numerical representation is made available to the populace and market participants it will help to curb the unnecessary uncertainty expressed by the populace or market participants. It will help to create stability and control panic.
Answer:
o A. There are limits on how many resources could be extracted from the land through agriculture or from the people trough taxation.
Explanation:
Answer: Both approach
Explanation:
This boils down to opinion of the masses as individuals choices differ, as most voters combine both retrospective and prospective approach when selecting their choice candidate. Some judge based on past performance of the candidate; was he successful to handling projects and Co? while others choose based what the candidate is promising to fulfill when they get into office.
Although some persons are more confident on past success of a candidate, some others would love to see changes that come with the new candidate.
