The correct answer is B. Taking out loan to go on vacation.
Liability is termed as future sacrifices of benefits which are obliged to other entities. There are characteristics which explains what is liability.
For example, A type of borrowing from banks or from persons to improve personal income and which is being paid within the given period of time.
Liability can be based on constructive obligations or equitable obligations.
We can say that we get the asset when liability is being added to owners equity.
It is responsible for enforcing laws.
They depended on the monsoons.
Answer:
The result would likely be a contraction of the economy. The GDP would probably fall or grow less.
A goverment applies contractionary fiscal policy when it reduces spending. Less government spending can reduce economic activity because spending can be a form of investment. For example, when the government spend less on building schools, roads and infraestructure, the people who build those lose their jobs, receive less income, consume less, and the economy contracts.
Contractionary monetary policy is applied by the central bank (the Federal Reserve in the United States). It would consist in reducing the amount of money available (the money supply). Less money in the economy results in higher interest rates. This creates a cycle in which banks give less loans, and investment falls. Less investment contracts the economy.
Answer:
Autonomic nervous system
Explanation:
The autonomic nervous system is the part of the nervous system that is responsible for involuntary actions in our bodies. Involuntary actions or functions are those functions in our bodies that are performed without our being conscious about it. For example, heartbeat, flowing of blood, digestion, etc.
<u>In the given case, when Stacey experienced fight-or-flight her sympathetic branch was activated due to the autonomic nervous system as her heartbeat started pumping faster and her blood pressure surged</u>.