Sign language is your answer i think
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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The Renaissance let to both the <u>rebirth</u> and the <u>rediscovery </u>of classical philosophy, literature and art.
The Renaissance was a fervent period of European cultural, artistic, political and economic rebirth following the Middle Ages. Generally described as taking place from the 14th century to the 17th century, the Renaissance promoted the rediscovery of classical philosophy, literature and art.
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What impact did the Renaissance have?</h3>
- As the populace grew wealthier, trade, travel, and the dissemination of new ideas all increased.
- Additionally, the increase in income sparked interest in education, aided the growth of the arts, and encouraged scientific advancements and new innovations.
- Art, science, and culture underwent a new transformation throughout the Renaissance.
- At first, the rediscovery of classical philosophy, literature, and art, as well as the new discoveries in travel, invention, and style, altered the way the citizens thought. is a time period in European history that spans the 15th and 16th centuries and marks the transition from the Middle Ages to modernity.
- It is defined by a desire to resurrect and outdo concepts and accomplishments from classical antiquity. It followed the Late Middle Ages Crisis and was marked by significant societal change.
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