Answer:
Simply put, a representative democracy is a system of government in which all eligible citizens vote on representatives to pass laws for them. A perfect example is the U.S., where we elect a president and members of the Congress.
Explanation:
Answer:
The legislative branch can check and balance both the executive branch and the judicial branch. Congress can impeach the president of the United States, which is the first step toward removal from office.
Changes in fiscal policy that stimulate ad in a recession without the need for explicit action by policymakers are called Automatic Stabilizers
Automatic Stabilizers
Automatic stabilizers are a type of fiscal policy that is designed to offset fluctuations in a country's economic activity through normal operation without the need for additional, timely authorization from the government or policymakers.
During a recession, automatic stabilizers can alleviate household financial stress by lowering tax bills or increasing cash and in-kind benefits, all without requiring changes to the tax code or new legislation. When a household's income falls, for example, it generally owes less in taxes, which helps to soften the blow.
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Answer: TRUE
Explanation: Qualitative forecasting method are mostly based on survey polls, opinions of expert, etc.
While Quantitative deals with measurable numerical qualities, the qualitative deals with observation and opinions.
Qualitative forecasting method is a forecasting method that favours the intuitions and opinions of experts over numeric historic data. While the numeric data analysis will show that increase in production will lead to increase in sales for the coming year in a tobacco company , the experienced sales managers will let the company know that due to the recent law enforced by the government, there will be low sales in the following year. This will allow the company to either reduce their production rate or stay on the same production rate but not increase production.