Are there answers to pick from
Answer:
No representatives in Parliament
Explanation:
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.
There is no objective answer to this question, as both sides have arguments that support their views.
If you believe that you are bound by Hobbes' argument, it is because of tacit consent. Tacit consent means that, even though you have not explicitly agreed to follow laws, you have indicated your agreement through other means, for example, by using the public services of the government or by remaining within the limits of your country. Also, you could argue that any rational person would prefer to follow the rules of the government than to live in the state of nature. Therefore, if you are rational, your consent is assumed. Finally, you could also argue that while you did not explicitly agreed, maybe your ancestors did, which still binds you as a member of the same society.
On the other hand, if you believe that you are not bound by Hobbes' argument, you could argue that any contract that is not freely agreed upon is not valid. As the government uses force to make you act according to the law, you cannot be considered to be freely consenting. Also, you can argue that agreeing to follow some rules does not imply following <em>all</em> of the laws of the country. Finally, a common argument against Hobbes is the lack of empirical data. As we do not know if the state of nature is actually bad, or if the contract ever happened, the government cannot gain its legitimacy in that way.
