The first alternative is correct.
Political economy can often be conflicting.
The main instruments of economic policy are monetary policy and fiscal policy. Both can be used to stimulate or discourage the economy. In this way, when they are adopted with the opposite sign, they are an example of conflict, as described in this exercise.
If the government wants to stimulate the economy through increased spending (expansionary fiscal policy), it will be injecting money into the economy. However, the main cause of inflation is excess currency in circulation. Thus, a contractionary monetary policy aims to wipe out the supply of money to contain inflation. That is, the first measure is inflationary to stimulate the economy, but the second is anti-inflationary, however contractionary.
<em>"Suppose the government and the Federal Reserve have conflicting goals. The government wants to encourage economic growth by </em><em>increasing spending</em><em>, but the Federal Reserve wants to decrease inflation by </em><em>decreasing the money supply</em><em>".</em>
Answer:
World War II began on September 1st, 1939 when Nazi Germany invaded Poland. The war in Europe began at this point and unfolded as a series of major events and battles. The first weeks of the war in Europe consisted mostly of Germany, led by Adolf Hitler, unleashing its blitzkrieg tactics against Poland.
Explanation:
Answer:
A. I would like to start selling a new brand of laptops at my store. they cost a lot more than other computers, but my customers will buy a lot more of them.
Explanation:
Just took the test.
Republican Ideas influenced all aspects of American life that encompassed social, political and economical preview.
Explanation:
The greatest idea of Republicanism is the upholding of capitalism in the society. The idea of equal opportunity to all classes in the society increased the idea of capitalism in the market economy. Republicanism increased racial solidarity not by treating the African Americans equally but they were given equal opportunities in the society yet exclusion of African Americans were continuously practiced making slavery a separate institution which prevailed for twenty long years.
Republicanism also gave rise to not only the protestant churches but also other sects rose to prominence. Women electoral rights were given much importance as well as their rights to education and divorce.
