The <em>concept of scarcity</em> states that there will be a deficit regarding the supply of a certain good in comparison the demand for it. Therefore, a state budget must revise its current state knowing that there will always be some players who will lose benefits in the attempt of shifting the assignment of resources.
The <em>marginal analysis</em> is an examination of the additional benefits a certain activity gets compared to a number of additional resources assigned to it. It helps the state government have a better view of where to allocate resources. As there are sectors that will probably gain more benefits than others with the same assigning of resources. The key to this analysis is to now the best amount to allocate to each sector in order to get the maximum efficiency of the budget.
The government carries out the goal of economic stability in a number of ways both through fiscal and monetary policies. The Federal Reserve which is an independent government agency which controls monetary policy of the U.S. Government with the goal of stabilizing the economy. Congress and the executive branch also seeks to create economic stability by impacting fiscal policy through spending and taxation.
Answer: non-comparable decisions
Explanation:
This involves the process of making decisions about products or services from different categories. Hence making comparison among them difficult.
In this case, Linda and Cindy will have to make an overall evaluation of each option; using pros and cons for each activity. Both of them come to an unanimous decision.
Are you asking what that is if so it would be called nuclear energy and if you want what is energy locked in the bonds of atoms that would be chemical energy
Though Chinese and Taiwanese have many similarities in their culture, language, politics and lifestyle, they differ in many ways. Since 1949, Chinese and Taiwanese are in conflict with each other. China is known as the People's Republic of China, and Taiwan is known as the Republic of China
