If an economy is experiencing inflation, aggregate demand is above full-employment and the government will increase spending and decrease taxes.
Answer: Option B
<u>Explanation:</u>
The inflationary gap occurs when total demand is greater than the level of the outcome at full employment. Therefore, inflationary gap is the estimation of the excess amount of total demand over total supply at full employment. The hike in the amount of discretionary income for both consumers and business results from the government’s expansionary fiscal policy.
When government or pivotal authority slit taxes the investment for capital improvement, new hiring or employee’s payment reimbursement is processed by businesses and consumers may spend more for buying goods. The government can also encourage economy by investing in infrastructure projects. Such actions can result in a price hike due to the high demand for goods and services.
Answer:
The correct answer is: 1) Information-processing, 2) Stage.
Explanation:
An information-processing approach is an approach to the study of cognitive processing which proposes that humans are not passive subjects in information processing, thus they not only respond to environmental stimuli but rather they process the information they receive.
The information-processing approach explains how the brain encods, stores and retrieves information.
The stage approach explains the development of cognitive abilities in the sense that the development occurs in distinct and separate stages, and levels of cognitions are reached in said different stages.
Where the leader of a country is the supreme authority on all issues, he is judge jury and executioner
An example of public policy that offers incentives to get citizens to behave is arresting people who sell or use drugs.
<h3>What is public policy?</h3>
Public policy refers to a way in which government resolve the needs of its citizens as written in the constitution.
The aim of public policy is to ensure citizens are well catered for so that they can have better life in the society.
Hence, an example of public policy that offers incentives to get citizens to behave is arresting people who sell or use drugs.
Learn more about public policy here : brainly.com/question/783857
