Pedro is a Keynesian economist and argues that in a downturn, state intervention is the key for economic recovery.
Keynesians believe that GDP (Gross Domestic Product) is positively influenced by aggregate demand. Hence, in order to boost GDP growth after a downturn, the state should step in the economy by increasing public expenditure. This will help to create job positions, increase the disposable income of households and therefore increase overall demand for goods and services.
If more goods and services are demanded, the same cycle restarts as firms would hire more staff in order to increase production to a greater extent to meet the new necesities. The more people who is employed, the more income avilable to continue increasing private expenditure and investments, which in turn GDP and bring economic growth.
<em><u>To make it clearer, the following is the GDP formula for a certain time period</u></em>
<em>GDP = Private Consumption + Private investment + Public expenditure + Exports - Imports </em>
Answer:
Explanation: “That to secure these rights, governments are instituted among men, deriving their just powers from the consent of the governed.”
Answer:
Explanation:
Being the largests, most internationally represented in the most powerful intergovernmental organisation, the UN by its nature is doomed to be ridiculed for being superficial, biased and ineffective.
When a large number of actors and factors come into play, such an organisation can not have a simple black or white outlook. UN has not been created by aliens from a different planet that have no ulterior motives in the outcome of its work. On the contrary, it was created by people's governments. And each of the government, leaders and agencies have their own perspectives and considerations regarding every matter. That is why the performance of such organisations as the UN can not be clear and easy to satisfy everyone. Look for example, at the Israel and Palestine conundrum.
At the same time, although many issues addressed by the critics do exist, the overall contribution of the UN to the international peace and security can be considered beneficial for the world.
O(n) is the worst-case performance of the add method in a binary search tree with linked nodes.
<h3><u>
What is binary search tree?</u></h3>
- A binary search tree (BST), also known as an ordered binary tree or a sorted binary tree in computer science, is a rooted binary tree data structure where each internal node's key is greater than all the keys in the corresponding node's left subtree and less than all the keys in the corresponding node's right subtree.
- The height of the tree has a direct correlation with how time-consuming operations on it are.
- Binary search is made possible by binary search trees, which make it quick to look up, add, and remove data objects.
The lookup performance of a BST is proportional to the binary logarithm because the nodes are arranged so that each comparison skips around half of the remaining tree.
Know more about binary search tree with the help of the given link:
brainly.com/question/12946457
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Answer:
Analogy
Explanation:
An analogy is a comparison between two things. By nature, those two things are quite different from each other.
We use analogies between two things to have a more clearing understanding of one of them, by explaining it in terms of the most familiar/easiest one.
So analogies take complex subjects/aspects and simplify them by compare them to more simple subjects/aspects.
<u>"The structure of an atom is like a solar system. The nucleus is the sun, and electrons are the planets revolving around their sun." </u>is an example of analogy, since we are comparing the structure of an atom (the more complex topic) to the solar system (a topic which we know more about). We are finding the similarities between two dissimilar things.