The first alternative is correct.
Political economy can often be conflicting.
The main instruments of economic policy are monetary policy and fiscal policy. Both can be used to stimulate or discourage the economy. In this way, when they are adopted with the opposite sign, they are an example of conflict, as described in this exercise.
If the government wants to stimulate the economy through increased spending (expansionary fiscal policy), it will be injecting money into the economy. However, the main cause of inflation is excess currency in circulation. Thus, a contractionary monetary policy aims to wipe out the supply of money to contain inflation. That is, the first measure is inflationary to stimulate the economy, but the second is anti-inflationary, however contractionary.
<em>"Suppose the government and the Federal Reserve have conflicting goals. The government wants to encourage economic growth by </em><em>increasing spending</em><em>, but the Federal Reserve wants to decrease inflation by </em><em>decreasing the money supply</em><em>".</em>
And it is social-cultural influences <span>that determine(s) which personality traits are culturally desirable.
Because of this, certain actions may be condemned within a certain society while being praised in others. For example, women driving is condemned in the middle east while supported in western societies.</span>
Compared with Great Britain's obligations, the expense of the Indian and French wars to the homesteaders had been slight. The pilgrims who ostensibly delighted in a better quality of living at the time than their British partners paid short of what one-twentieth the expenses of British residents living in England.
I have been living in these harsh occasions. They are attempting to fabricate a likeness of King George utilizing our income that we endeavored to work for. We tried to use a blacklist to attempt to get a goal to the statue; however, it was revoked immediately.
Answer:
He views ethics as relative
Explanation:
Ethics is a word that was derived from "ethos" which is a Greek word, that means character or habit.
Therefore , ethics can simply be explained or described as a system of moral principles. This can be explained further as the moral principles that are governing persons behavior.
There are some principles of ethics, these include autonomy, justice, truth-telling, promise-keeping among others.
In this case, Alfred was viewing ethics as relative, because he was given his friend the first shot based on the idea that he needed the job seriously.
