In case of a recession, an example of a <u>fiscal policy</u> would be Expansionary Fiscal Policy, which consist of tax cutting and/or increased government spending. The tax cut should incentivize people's spending, and thus leading to an increase in AD (Aggregate Demand, the total demand for services and goods) which would also boost GDP (Gross domestic product, the nation's market value of all final goods and services in a given year).
A good monetary policy would be Expansionary monetary policy. This policy relies on the cutting of interest rates to boost AD.
Fiscal and monetary policies are often behind the same results and work with one another to achieve them. The difference lies in this: fiscal policies have to do with taxation and government spending, while monetary policies are related to interest rates.
Hello,
It was <span>Piye who conquered Egypt.
Hope this helps</span>
In 1966, China's Communist leader Mao Zedong launched what became known as the Cultural Revolution in order to reassert his authority over the Chinese government.
Answer:
The North, the West, and Alaska have seen temperatures increase the most, while some parts of the Southeast have experienced little changeExplanation:
The Arctic is warming much faster than the rest of the planet and the loss of reflective ice contributes somewhere between 30-50% of Earth's global heating
Answer:
Many rites help people appreciate their new social positions. It can also motivate others to learn new ways to approach people after they experience certain rites of passage. Also rites enable people to acknowledge and move on, letting go of a past which has had an emotional tie which could have been holding them back.
Explanation:
