A big increase in government spending is an example of a positive demand shock.
A demand shock is a sudden event that increases or decreases demand for goods or services temporarily. A positive demand shock increases aggregate demand and a negative demand shock decreases aggregate demand. Therefore there will be an initial inflation with the shock but since demand shocks are temporary and the central bank commits to an inflation rate target, then over time inflation will fall back down to the inflation target.
Expansionary fiscal policy is an increase in government spending or a decrease in taxation, while contractionary fiscal policy is a decrease in government spending or an increase in taxes. Expansionary fiscal policy can be used by governments to stimulate the economy during a recession.
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Students who study Latin develop an interest in words. They learn something they had never thought of before. ... So, Latin is the next step after phonics because it continues the study of the Latin half of English vocabulary in a systematic, orderly way. Skip the vocabulary courses. Latin was an one of the original medical and law languages.
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Moral isolationism is a philosophical position which states that being isolated as far as different affairs go and not being involved in the different circumstances that happen on a daily basis is a good moral position to have.
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