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:
Correct answer: Igor Stravisnky's great diversity of music styles.
Explanation:
The Russian composer Igor Stravinsky has been recognized as the most important figure in the musical panorama of the 20th century. His influence on the development of the new currents of the twentieth century resembles that of the painter Pablo Picasso in the plastic arts. Much of his life has been narrated by the author himself in the book "Stravinsky: an autobiography", published in New York in 1939. Stravisnky's great diversity of music styles, from baroque music to dodecaphonism, makes each of his works different but always maintaining a great personality.
Because— politicians play crucial roles in governing our society
