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Volgvan
3 years ago
11

While the responsibility for making fiscal policy lies with ________, the administration of fiscal policy occurs primarily in th

e ________?
Social Studies
1 answer:
Olegator [25]3 years ago
8 0
The first blank, the answer is congress and the second blank is the Treasury Department. In the United States, fiscal policy is coordinated by the official and authoritative branches. In the official branch, the two most powerful workplaces have a place with the president and the Treasury Department, albeit contemporary presidents regularly depend on a chamber of monetary counselors. The U.S. Congress passes laws and appropriates spending for any monetary approach measures. This includes support, pondering and endorsement from both the House of Representatives and the Senate.
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Krystal's boss in the accounting department initially rejected her proposal for a new budgeting process. So Krystal spoke to and
Verizon [17]

Answer:

The correct answer would be option B, Coalition Formation.

Explanation:

Coalition formation is simply the actions exerted by the group of people which put influence or pressure over someone or some decision.

So in this example, Krystal proposed a budgeting process to her boss which he rejected, but Krystal thinks that her proposal was simpler and fairer, so she presented the proposal to the heads of other departments who could get benefit from her new budgeting process proposal. They liked her proposal very much. Also some co workers liked her simple and fair budgeting process proposal. So here a group of people arose which was in favor of the new proposed process. When her boss came to know about it, he agreed to test her proposal in a pilot project. So this act of likeness by the key personnel of the company influence the behavior of the boss. Key personnel here act as the coalition. So Krystal used the Coalition formation of influence here.

8 0
3 years ago
Dr. Janus is seeing a client diagnosed with depression who experienced abuse as a child. Dr. Janus believes this abuse predispos
Sedbober [7]

Answer:

diathesis-stress model

Explanation:

According to the diathesis-stress model, mental disorders are caused by both a predisposition to mental illness and stress. As a consequence, the client's individual biological propensity to a psychological unbalance, combined with the stress of life experiences, can lead to mental illness, such as depression.

5 0
3 years ago
The expert artist, musician, or scientist is creative and curious, deliberately experimenting and enjoying the challenge when th
rjkz [21]

Answer:

Flexible

Explanation:

The ability for flexible thinking tend to allow these people to find solution to problems that is deemed as unconventional since they tend to see things with different perspective rather than the already established schema.

Most of the time, the product of their creativity and thinking cannot be directly accepted by general public, but their product still important for the advancement of our society.

6 0
4 years ago
For each situation, give an example of a fiscal policy and a monetary policy solution. (p. 15)
docker41 [41]

Answer:

Monetary Policy refers to the use of money supply and interest rates by the Central bank of a country to help achieve Economic goals such as inflation, consumption and economic growth. An expansionary monetary policy increases money supply and a contractionary policy decreases it.

Fiscal Policy has the same aim of helping the Government achieve economic goals but this time done by regulating government spending or taxes. An expansionary fiscal policy sees increased government spending and reduced taxes while a contractionary policy sees decreased government spending and higher taxes.

<u>1. Rapid investment during a boom period threatens to overheat the economy. </u>

Fiscal policy solution:  Contractionary Fiscal Policy

The Economy might overheat because of a high amount of investment in production. This means that Aggregate Demand is moving too fast. To rein this in with Fiscal Policy, the Government can increase taxes and reduce spending. This way people have less money to save to be used for investment and companies have less money to do the same.

Monetary policy solution: Contractionary Monetary Policy

The Central bank should reduce money supply and increase interest rates. They can do this by increasing the reserve requirement rate for banks and engage in Open Market Operations to sell securities to the public. This reduction in money supply will increase interest rates thereby reducing the amount of money left for investing.

2. Layoffs lead to an economic slowdown.

Fiscal policy solution:  Expansionary Fiscal Policy

The goal here is to stimulate the economy so that employers can hire more people. The Government can increase spending which would lead to a multiplier effect in income. They should also reduce taxes so that the people can have more money after paying taxes. These two things will have the effect of increasing investment spending which will enable companies to embark on new projects that will increase employment.

Monetary policy solution: Expansionary Monetary Policy

The Central bank should also aim to increase interest rates and money supply at least in the short run. By decreasing the Discount rate as well as the Reserve requirement, and embarking on Open Market Operations where they buy securities from the public, they can increase money supply. This increase in money supply will mean that there is excess money for investment which will lead to increased employment.

3 0
3 years ago
Suppose you saved $1,000 toward the purchase of a car. Which type of saving plans would be the best for this money until you are
labwork [276]
If the <span>options are a.) stocks, bonds, and mutual funds. b.) employer sponsored retirement plans. c.) individual retirement accounts

then ur saved $ for buying a car should be put in a) cuz' taking $ out of b) n c) before retirement will have penalties.</span>
8 0
3 years ago
Read 2 more answers
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