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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Henry Woodfin Grady (May 24, 1850 – December 23, 1889) was an American journalist and orator who helped reintegrate the states of the Confederacy into the Union after the American Civil War. Grady encouraged the industrialization of the South.
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-Kim Ping and Abdel might find themselves involved in some kind of power struggle, as they determine how to run the new business.
Since they (Kim Ping and Abdel) must share their profits and benefits from the new venture, the profit attained for each of them may be less
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Because of wide variations in seasonal and annual precipitation
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Not exactly because you dont have to be exactly skillled to earn a living many people that have no little to no skills still a decent amount to be a living.
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