A big increase in government spending is an example of a positive demand shock.
A demand shock is a sudden event that increases or decreases demand for goods or services temporarily. A positive demand shock increases aggregate demand and a negative demand shock decreases aggregate demand. Therefore there will be an initial inflation with the shock but since demand shocks are temporary and the central bank commits to an inflation rate target, then over time inflation will fall back down to the inflation target.
Expansionary fiscal policy is an increase in government spending or a decrease in taxation, while contractionary fiscal policy is a decrease in government spending or an increase in taxes. Expansionary fiscal policy can be used by governments to stimulate the economy during a recession.
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True <span>Placebos ARE sometimes used in research in order to demonstrate the effects of participant expectations or beliefs on the outcome of behavior.</span>
The correct answer is the United States Department of Transportation. According to the Department of Transportation, their mission is to "The mission of the Department is to: Serve the United States by ensuring a fast, safe, efficient, accessible and convenient transportation system that meets our vital national interests and enhances the quality of life of the American people, today and into the future"
This means that the DOT is responsible for ensuring that transportation systems are up to date and meet the emerging needs of Americans.
One of the major federal reactions to the terrorist attacks of 11 September 2001 was the establishment of a cabinet-level position merging 22 agencies into one agency called the Department of Homeland Security.
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What is the role of the Department of Homeland Security?</h3>
The dedication and resolve of Americans across the country in the wake of the September 11th attacks gave birth to the U.S. Department of Homeland Security (DHS) and its goal to ensure the safety of the American people.
The Department has mobilized this collective vision in the many years following the September 11th attacks to counter new and evolving threats to the Homeland. To do this, they are fostering a "culture of relentless resilience" throughout the country in order to solidify security against impending dangers, repel assaults, and quickly bounce back.
They address systemic threats, boost security baselines globally, and add redundancy for vital systems that support our wealth and way of life. Perhaps most significantly, they are developing alliances to advance public, private, and global cooperation as well as crowdsourcing solutions that outrun the goals of our enemies.
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