I believe the answer is:<span>the government can change real output </span> <span>only by making unexpected changes in aggregate demand.
Without making the unexpected changes, the market would most likely anticipate the movement of market equilibrium and adjust that output to obtain maximum profit. Because of this, the government has to utilize the element of surprise that prevent the people on the market to create their adjustment</span>
Answer:
the Boston Tea Party happened as a result of “taxation without representation”, yet the cause is more complex than that. The American colonists believed Britain was unfairly taxing them to pay for expenses incurred during the French and Indian War.
Explanation:
Western Asia, and near the Nile river of northeast Africa.
Sponsorship means making key investment decisions and providing top-level endorsement of the rationale and objectives of a programme or project. It also means continuing senior level commitment and support for proposed change and championing the implementation of the new capabilities being delivered.
<u>Answer:
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Nullification proposed that the states had the right to decide which national laws states would accept.
<u>Explanation:
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- With a view to dispense greater power to the states and to maintain their autonomy, John Calhoun proposed that the state governments should be allowed to choose which federal laws did they not want to implement in their states.
- The demands put up by the theory were never processed by any federal courts of the US as it is deemed that such a law would prove to be threat to the integrity of the nation.
