If an economy is experiencing inflation, aggregate demand is above full-employment and the government will increase spending and decrease taxes.
Answer: Option B
<u>Explanation:</u>
The inflationary gap occurs when total demand is greater than the level of the outcome at full employment. Therefore, inflationary gap is the estimation of the excess amount of total demand over total supply at full employment. The hike in the amount of discretionary income for both consumers and business results from the government’s expansionary fiscal policy.
When government or pivotal authority slit taxes the investment for capital improvement, new hiring or employee’s payment reimbursement is processed by businesses and consumers may spend more for buying goods. The government can also encourage economy by investing in infrastructure projects. Such actions can result in a price hike due to the high demand for goods and services.
According to Piaget's term, the earliest stage of moral development is a broad form of moral thinking he calls heteronomous morality.
Since inflation is on the high and the unemployment rates are not that worrying, Austerity would be some options of fiscal policy to increase the revenue while lowering the inflation and cut expenses, even though it increases the unemployment rates. Austerity measures can be risky for the economy, because little spendings on some sectors can throw the economy out of balance.
Answer:
D) the supremacy of federal over state law
Explanation:
The Supremacy Clause of the Constitution of the United States (Article VI, Clause 2), establishes that the Constitution, federal laws made pursuant to it, and treaties made under its authority, constitute the "supreme Law of the Land", and thus take priority over any conflicting state laws.
B.working student financial aid because thats the way they access how much you and your parents funds and give you financial aid which is something that has to do with the payment in college
