Discretionary fiscal policy is defined as fiscal policy triggered by the state of the economy.
<h3>What is discretionary fiscal policy?</h3>
This refers to the decision of the federal government to increase or decrease taxes. Here, the changes in taxes are subject to the president and congress approval.
Hence, discretionary fiscal policy is defined as fiscal policy triggered by the state of the economy.
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Answer:
Frank Furter can sue hot dog stand and tire manufacturer for breaking of his tooth.
Explanation:
Frank furter can sue the hot dog stand as it was the main cause of his accident. The car is designed for having a luxury driving experience but the accidents may happen any time and there should be suitable brake system which can stop the car immediately or in few seconds. The tire should not burst as this will enhance the damage in the accident.
It will take 2 years because eaxh year you get 4% of the $2500 which means $100 a year
This is an example of market development growth.
<h3>
What is market development?</h3>
- Market segmentation for existing products is identified and developed as part of a growth plan.
- A development plan focuses on non-buying clients in the segments that are already targeted.
- Additionally, it aims to reach fresh markets of clients.
<h3>What is custom?</h3>
- A custom is a long-standing behavior of an individual or group (such as a daily routine) (such as a cultural practice).
- When used as an adjective, custom designates something created to specific requirements, especially something distinctive.
- Custom-made is a synonym for it.
<h3>What is market penetration?</h3>
- When a product or service is successfully sold in a particular market, this is referred to as market penetration.
- The sales volume of an existing good or service in relation to the overall target market for that good or service is used to measure it.
<h3>What is product development?</h3>
- New product development in business and engineering refers to the entire process of launching a brand-new product, updating an already-available product, or launching a product in a new market.
- Product design, along with many commercial factors, is a key component of NPD.
<h3>What is diversification?</h3>
- Diversification in finance refers to the process of allocating capital in a way that limits exposure to any one specific asset or risk.
- Investing in a variety of assets can help lower risk or volatility, which is a frequent step towards diversification.
Therefore, this is an example of market development growth.
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As a member of the Federal Reserve Board, in an inflationary situation I would suggest a change in the federal funds rate that would be accomplished by raising the base interest rate of the US economy. This would make bonds more attractive and people would stop consuming to invest in public debt securities. In addition, raising interest rates would discourage credit, causing banks to lend less. Since inflation is a monetary phenomenon caused by the excess of currency in circulation, these measures would have a downward effect on inflation, as they reduce the amount of money in circulation in the economy.
