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:
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Global Interdependence is the international reciprocated dependence between different countries!
Explanation:
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Answer:
It will be admissible as the testimony will be used to impeach the witness for being biased against the restaurant.
Explanation:
The US legal system allows for witness impeachment where bias can be the cause for concern. As this cross examination of the waiter by the defense laid the foundation to accuse him of bias, the court would allow this new testimony as evidence of bias.
C. Because nothing happens by chance and if you befriend your new boss he will favor you! And then what doors might open for you....
