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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Answer: withstanding excessive democratic popular pressure by making it subject to indirect election through the electoral college. (Option A)
Explanation: The framers of the U.S. Constitution opposed choosing the U.S. President through popular votes.
They established that the U.S is a large state that voters wouldn't have acquired more knowledge about the candidates in other to make a better decision.
However, they believed that electoral college established by the Constitution of the United States, for the purpose of electing the president and vice president, usually have adequate information about the candidates. Hence, this process enhances informed decision making.
The star is pinpointing Finland. None of the above geographical features are located in Finland.
Based on the scenario above, Cliff can be described as
someone who is having a high comparison level and also, a low comparison level
for alternatives. The comparison level is where it is being referred to the
relationship expectations that an individual has experienced on his or her
past.
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