Answer: No, government services could create inflation, which decreases the purchasing power of consumers.
Expansionary fiscal policy is when the government expands the money supply in the economy. It can either increase government spending or cut taxes. This provides consumers and businesses more money to spend.
The purpose of expansionary fiscal policy is to boost economic growth. It is used when the government wants to reduce unemployment, increase consumer demand, and avoid a recession. If the recession has already occurred, it seeks to end it.
The policy comes with some risks. High inflation is one of the most common ones. There is also a time lag between when a policy move is made and when it works its way through the economy, which makes analysis difficult.
Portugal established trading activities in China in 1513 when Jorge Alvares arrived.
In 1517 the King sent a mission and created a trade center at Nei Lingding.
Portugal and Ming Dynasty relationship gradually expanded but was deteriorated when Simão de Andrade arrived at Guangzhou in 1519. He violated their customs and laws, so Chinese people reacted by killing several Portuguese in the streets.
In 1521 the Emperor Zhengde died and the Ming Court lost interest in having relations with foreign countries.
There were two battles:
In 1521, every Portuguese vessel was confiscated and Chinese defeated a Portuguese fleet at The First Battle of Tamao
In 1522, Martim Alfonso de Merlo Coutinho was sent to establish diplomatic relations but the Chinese defeated them at The Second Battle of Tamao.
The Chinese resisted any Portuguese attempt to return. But in 1535 Portuguese Port Traders were allowed to anchor ships in Macau´s harbors and they could trade. Finally, in 1537 the Portuguese establish a little Colony at Macau to be administered by Chinese authorities.
Answer:
Tell them the advantages, how it's helpful etc....
Answer:
rating, expectation, pleasure.
Explanation:
She did not enjoy the experience.
Answer:
A and B are correct
Explanation:
Option C states that the MSRB can be invoked by a municipal securities professional against a non-municipal securities professional with or without an arbitration agreement, however the correct thing is that it can only be invoked against a non-municipal securities professional as long as there exist an arbitration agreement. Hence Option C is wrong.
Option D states that it applies to claims and dispute from both municipal and non-municipal securities activities, when in real sense it only applies to municipal securities disputes.
Option A and B are therefore the only correct options.
