Answer:
The statement recognizes that fiscal policy is not enough to keep an economy at full employment and with low inflation levels for a long period of type.
Explanation:
First of all, it is widely accepted by economists that society faces a short-term trade-off between inflation and employment. The reason for this is that controlling inflation in the short-term requires limiting the amount of money circulating in an economy, and less money means less saving, less investment, and thus, less employment. Hence, we can conclude that balance full employment with low inflation is extremely hard.
Secondly, fiscal policy by itself is not effective in controlling inflation. Inflation is the main goal of monteray policy, which is set by the central bank (in the United States, the Federal Reserve system), and uses a set of tools to achieve the aim of low inflation.
Answer: Its location near the mouth of the Mississippi made it a prime target for the Union, both for controlling the huge waterway and crippling the Confederacy's vital cotton exports
Explanation:
Why was New Orleans so important to the confederacy? It provided access to the Mississippi River and if seized the confederacy would be crippled. ... Replaced butler as head in charge in New Orleans led union army at Mansfield.
<span>Robert Merton would describe Luis as
"</span>
timid bigot".
A man who has the prejudice but, does not separate or
discriminate i.e., in the event that it costs him anything or on the off chance
that he is socially forced not to do as such, is called a timid bigot. An all-weather
bigot is partial and discriminates.
"people who work in different functions hate each other." this is the corollary to "<span>Palermo’s law".
</span>
Corollary depicts an outcome that is the normal result of something different. You could state that your weight pick up is a corollary of the ongoing entry of a pastry shop over the road from your house. Thus, "people who work in different functions hate each other." this is the corollary to <span>Palermo’s law.</span>
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