Answer:
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Answer:
Fiscal policy refers to the measures employed by governments to stabilize the economy, specifically by manipulating the levels and allocation of taxes and government expenditures. Fiscal policy relates to the decisions which determine whether a government will spend more or less than it receives.
Fiscal policies are influenced by the executive and legislative branch of a country.
Explanation:
One of the ways the executive branch influences fiscal policy is that the President and the Secretary of the Treasury directs the fiscal policies of the United States. Since the fiscal policy is tied into each year's federal budgets, the President proposed this budgets to be approved by the Congress.
One of the ways the Legislative branch influence fiscal policy is that the approve the Federal budget proposed by the President. In United States, Congress passes laws and appropriates spending for any fiscal policy measures. This process involves participation, deliberation and approval from both the House of Representatives and the Senate.
Monetary policy refers to the policy undertaken by the monetary authority of a country to control money supply in order to achieve macroeconomics goals which in turn promote sustainable economic growth. Monetary policy reduces liquidity to prevent inflation.
Reasons why the Federal Reserve Board is given independence in establishing monetary policy are
1. They are free from short term legislative/executive pressures. Without the degree of autonomy, the Federal Reserve Board could be influenced by election focused politicians into enacting an excessively expansionary monetary policy to lower unemployment in the short term. Tho could lead high inflation.
2. They Federal Reserve Board runs a technocrat appointment rather than a political appointment. The monetary decision of the Federal Reserve Board is not ractified by the President. They receive no funding by the Congress and members of the Board of governors who are appointed, serve 14-year term. This terms do not coincide with presidential terms, thus making them further independence.
Answer:
Diversion
Explanation:
Diversion is a legal process that involves the removal of or diverting a defendant out of the criminal justice system or court and having them committed to a rehabilitation (diversion) program instead of being incarcerated or serving another sentence. This process is usually employed in juvenile offenders and delinquents, the aim is to reform the offenders to become better individuals and it is also an alternative reformative measure since they are not technically not old enough to serve jail sentences.
Answer:
Explanation:
The supreme court and lower courts are parts of the judicial branch. The members of the judicial branch serve for an unlimited term. The supreme court is the high court of the land. The Supreme Court has nine justices. The president appoints Supreme Court justices, who must be approved by the Senate.
A Supreme Court refers to a federal court and is typically the highest court in relation to the hierarchy of courts in the judicial branch. It is also referred to as the highest court. Generally, it comprises of nine (9) justices (a chief justice and eight (8) associate justices). These nine (9) justices are appointed only by the president and subsequently confirmed by the senate after screening them diligently.