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:
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Answer:The symbolic interaction theory
Explanation:The symbolic interaction perspective, looks at micro levels of social interaction usually the symbols that are created by society itself ranging from how we communicate to how we assign certain roles to certain gender and building upon that information in order to make meaning and sense of the world around us.
Answer:
Culture and economics.
Explanation:
Nations, given the wide interconnection that globalization has generated, have signed huge amounts of treaties with other nations, in which economic, political, cultural, social, border, security, and all legal issues that otherwise affect or benefit said countries are agreed.
But governments, in all situations, must take as their main precaution not to directly or indirectly harm the economies of the countries involved, nor in any way harm the cultural identity of those nations.
Thus, these limitations regulate the framework of agreeability under which the nations will agree on certain conditions of the treaties.
Answer:
Im pretty sure it hannibal sorry if Im wrong