Answer:
FALSE
Explanation:
The operational lag of fiscal policy is the time gap between the adoption of a corrective measure and the perception of its effects on the economy. For example, in a recessionary context, analysts and the Fed have no difficulty predicting the economic problem, as there are statistical software and predictive models that can predict recessive economic scenarios. However, through economic policies, the government takes steps to reverse the recessive picture. By their nature, these policies demand a time between their adoption and their effect on the economy, which is operational lag.
Answer:
It could affect the way we face certain problems. It can also affect the way we perceive different problems.
Explanation:
:)
Answer:
Civilization
Explanation:
A complex group of people which has urban development, organization of people by the elites, a communication style unique to them, and domination of the local natural environment.
Civilizations are located in one place, non-centralized nomadic tribes are not considered as a civilization.
Civilizations generally have a social hierarchical structure with the elite at the top and the workers at the bottom.
Answer:
To give money the time value as it deserves. To reduce risks and compensate for the same through offering products and services. To enable the most efficient economic resource allocation. To maintain market stability in the economic sector.
