Answer:
Culture can also harm social changes. Culture says follow old tradition but the new changes which happen in modern ages will not get the chance to go to that place. Which means you will be left behind by the people who follow social changes.
If a structural surplus exists but the government's budget is balanced, then <u>real GDP is less than potential </u><u>GDP</u>.
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What do you mean by Government's budget?</h3>
A government budget is referring to as the budget that consists of the documents made by government or other political entity representing its anticipated tax revenue.
Moreover, there are basically three types of government budget that consists of balanced budget, surplus budget and deficit budget.
In case of surplus in structural happens then the real GDP is less than the expected GDP. Here, GDP is defined as Gross Domestic product. These budgets are helpful to make a decision regarding tax and spending and for consuming and investing.
Adding to it, structural surplus is the difference between government of fiscal revenue at the time of cyclical peaks.
Learn more about government's budget, refer to the link:
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According to the text "Evaluating a Case Study: Developing a Practical Ethical Viewpoint," Ms. Smith, Mrs. Taylor and Mr. Jones cannot agree on who deserves to win a prize for outstanding moral behaviour. The candidates are Mr. Big and Mrs. Little. The main ethical concerns are: whether one big, good act counts more than many small good acts; whether benefitting one person greatly is better than benefitting many in small ways; and whether a good act that does not benefit the actor is better than an act that does benefit him.
The approach that I would use is utilitarianism. According to this approach, the "most" moral act is the one that contributes to the greater happiness of a greater number of people. According to this idea, Mr. Big would win the award. This is because Mr. Big saved a man from drowning. However, this man was an important businessman, which means that Mr. Big also saved all of the man's employees from having to face unemployment. He benefitted the largest number of people.
Colonial America had three major cultural regions. The northern colonies, (Massachusetts, Main, Connecticut, Rhode Island, and New Hampshire) the middle colonies, (Pennsylvania, New York, Delaware, New Jersey) and the southern colonies (Georgia, Carolina, Maryland, and Virginia).
