The three stances are the neutral fiscal stance, which occurs when the budget is well balanced and the economy is in equilibrium; then there's the<span> expansionary fiscal stance in which the spending exceeds tax revenues, which occurs usually during hard periods such as recessions; and the final stance is </span><span>the contractionary fiscal stance, in which the government spends less than what the tax revenue is. </span>
The term that fills the blank above is GOVERNMENT. When we say command economy, this is the type of economy wherein its economic activities are being centrally controlled by the government such as the production, prices, investments, and incomes. It is the government that makes the final decision which would greatly influence the flow of the economy.
<span>This allows the company to have a guiding philosophy that it can follow at all times. By having a company mission and a purpose, the business can make certain that all decisions and moves are made with this purpose and philosophy in mind.</span>
Answer:
Not directly. That would be fascist. There are some regulations placed on some businesses, but owners direct their own businesses.