Answer:
yes you have the right answer
When a country uses changes to taxes and spending to influence the macroeconomy, it is called fiscal policy.
The use of government spending and tax policies to influence economic conditions, particularly macroeconomic conditions, is referred to as fiscal policy. These include total goods and services demand, employment, inflation, and economic growth.
During a recession, the government may reduce tax rates or increase spending in order to stimulate demand and economic activity. To combat inflation, it may raise interest rates or cut spending to cool the economy.
Fiscal policy is frequently contrasted with monetary policy, which is implemented by central bankers rather than elected officials.
To know more about fiscal policy, click here:
brainly.com/question/27250647
#SPJ4
Employee wages do no include the value of any property or service that has so little value that accounting for it would be unreasonable or administratively impractical
The privileges and immunities clause of article iv ensures that an out of state citizen enjoys the same privileges as a citizen of the state in which he happens to find himself.
Common law relies on decisions made by judges in previous cases along with statutes and regulations made by legislatures.
What is Common law?
- In law, common law is the body of law formed by judges and comparable quasi-judicial tribunals by virtue of being declared in written decisions.
- It is also known as judicial precedent, judge-made law, or case law.
- The fact that "common law" emerges as precedent is its distinguishing feature.
- In circumstances where the parties differ on the law, a common law court looks to previous precedential decisions of competent courts and synthesizes the principles of those previous cases as applicable to the current facts.
- If a similar matter has already been decided, the court is usually compelled to follow the reasons employed in the earlier ruling (a principle known as stare decisis).
Therefore, common law relies on decisions made by judges in previous cases along with statutes and regulations made by legislatures.
Know more about common law here:
brainly.com/question/8068423
#SPJ4
