Answer and Explanation:
Phelps criticized Friedman's position, because he said it was totally irrelevant to analyze the tax functions of inflation without assessing product demand, as Friedman suggested in his theory. He stated that this would only be possible if there was a way to predict an optimal rate of inflation in different situations of demand and supply, otherwise, in Phelps' words it would be the same as "Professor Friedman gave us Hamlet without a prince".
Phelps' positioning would be better considered by the RBC model, since this model is based on real and not imaginary facts.
Congress can punish or otherwise exert control over that entity by cutting its budget.
Congress makes use of public hearings to reveal bureaucratic conduct. underneath some situations, Congress also can manipulate the bureaucracy via re-writing legislation and altering appropriations to provide extra course to folks who should enforce its rules.
A budget is an estimation of sales and fees over a specific destiny time frame and is utilized by governments, groups, and individuals. A budget is largely a financial plan for a defined period, typically 12 months this is recognized to substantially enhance the achievement of any monetary mission.
A reduction in the budget is a branch inside an agency or government can also spend over a given time frame. Finances cuts often result from decreased revenue, or once in a while from prioritization of different resources.
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Yellow Journalism: Adding fake information into a text to make a story more interesting.
Realist: Real information in the text.
Muckraker: Digs up the hidden bad stuff to make an interesting story.
Answer:
Many lobbyists work in lobbying firms or law firms, some of which retain clients outside lobbying.Explanation:
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