1). Canceling a government-funded project because of a lessened need for job creation
.
2). Cutting taxes to encourage commercial activity.
Explanation:
Fiscal policy is demonstrated as the government's policy in which it adjusts or manipulates its expenditure and tax rates in order to monitor and command the economy of the nation. The policy primarily intends to keep the economy stable.
As per the question, <u>'cancellation of government-funded project' would reduce government's expenditure</u> and prevent the excess supply of money(to contract demand) in the economy to <u>control inflation</u>. While a <u>'cut in tax rates' would increase the flow of money in the economy </u>and increase public borrowings and expenditure that would <u>stimulate economic growth</u>(cope up recession). Thus, <u>options 1 and 2</u> are the correct answers.
Robin Hood met Little John while he was trying to cross a stream that Little John was guarding. Both Robin Hood and Little John are fit and brisk, but the one difference is that although his name is Little John, he is seven feet tall with large limbs and strong body.
it is feeling of misjudgment about own ability. when someone think more than his/her ability. it is effect of higher expectation then the person normally have.
overconfidence lead to confusion and unsuccessful. it is effect that sometimes blurred the original outcomes and frame the outcomes which is not possible according to the particular situation.
