The form of money that is inconvenient to have, but does the best job at controlling spending is known as the commodity money.
<h3>What is money?</h3>
It should be noted that money simply means a medium of exchange and a means of payment.
In this case, the form of money that is inconvenient to have, but does the best job at controlling spending is known as the commodity money. It's value is based on the commodity that's it's made from.
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The government can reduce inflation with the help of both fiscal and monetary policy. an effective combination of these policies to reduce inflation would be to Increase taxes and sell government bonds
This is further explained below.
<h3>What is
political philosophy?</h3>
Generally, political philosophy is a discipline of philosophy that deals with the ideas and arguments of political ideology at the most abstract level. One of the most perplexing aspects of political philosophy is attempting to define the word "political".
In conclusion, It is a political philosophy that stresses the importance of loyalty, devotion, or allegiance to a country or nation-state and maintains that such duties are more important than other individual or group interests.
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????? So Whats The Question?
Free market is run by the firms and households mainly. They control where resources are allocated, to which products production. There is minimal or no government intervention in the Free market economy. All the government can really do is policing, maximum.
Social market economy is like a combination of planned economy and free market economy, run by all three: households, firms and the government. The government has more power in this, it can do more things, it has more control. There is more government intervention in this economy than in a free market economy.
Hello there.
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When you have had to work with others to make a group decision,you have usually - proposed a 'middle ground' option to break deadlocks. worked to avoid options that others might disagree with. used your influence to make sure your own ideas were accepted. tried to find one solution which satisfies everyone's expectations. changed your own position to accommodate the interests of others.?
</span>try and find one solution that would satisfy everyone's expectations.
