the correct answer is North Korea’s economy is in poor shape because its factories produce poor quality goods and little has been done to diversify.
A big increase in government spending is an example of a positive demand shock.
A demand shock is a sudden event that increases or decreases demand for goods or services temporarily. A positive demand shock increases aggregate demand and a negative demand shock decreases aggregate demand. Therefore there will be an initial inflation with the shock but since demand shocks are temporary and the central bank commits to an inflation rate target, then over time inflation will fall back down to the inflation target.
Expansionary fiscal policy is an increase in government spending or a decrease in taxation, while contractionary fiscal policy is a decrease in government spending or an increase in taxes. Expansionary fiscal policy can be used by governments to stimulate the economy during a recession.
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Answer:
Land pollution is the destruction of Earth's soil and land. This can happen directly or indirectly because of human activities. A landfill is a good example of land pollution. Lots of plastic is disposed there. Harmful to the soil.