Answer:
The statement recognizes that fiscal policy is not enough to keep an economy at full employment and with low inflation levels for a long period of type.
Explanation:
First of all, it is widely accepted by economists that society faces a short-term trade-off between inflation and employment. The reason for this is that controlling inflation in the short-term requires limiting the amount of money circulating in an economy, and less money means less saving, less investment, and thus, less employment. Hence, we can conclude that balance full employment with low inflation is extremely hard.
Secondly, fiscal policy by itself is not effective in controlling inflation. Inflation is the main goal of monteray policy, which is set by the central bank (in the United States, the Federal Reserve system), and uses a set of tools to achieve the aim of low inflation.
Answer:
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Explanation:
Answer:
Data
Explanation:
Data
Is simply defined as the gathering (collection) of information. The information sometimes can be facts, number or measurement.
In research, data can be either qualitative or quantitative.
Qualitative data are simply data that are open. They are subjective approach to data collection. It is used for preliminary investigation of new areas of inquiry. It involves small samples and has no concern with generalizability.
Quantitative data is objective in nature. It is planned approach to data collection. It involves large samples and it aim to generalize to other populations.
Data collection methods includes
1. Public and private records
2. Detached observation
3.interviews
4. Surveys/questionnaires and others
Poem is a literary work that belongs to the genre of poetry, and whose presentation can appear in the form of verses, stanzas or prose, in order to express feeling and emotion.
A poem has a variable length and throughout the text it exposes varied themes in which there is plot and action, written through a language that moves and touches the reader.
Poetic text has a strong relationship with music, art and beauty. The poetry present in the text is the component that distinguishes the poem. There are several poems that have been converted into songs, because music has been added.
It is usually presented in the form of verses and stanzas with rhyme and rhythm. Poetic prose has the character of poetry due to the emotional effect caused by language.
Innovation can be simply defined as a "new idea, creative thoughts, new imaginations in form of device or method". However, innovation is often also viewed as the application of better solutions that meet new requirements, unarticulated needs, or existing market needs. Such innovation takes place through the provision of more-effective products, processes, services, technologies, or business models that are made available to markets, governments and society. The term "innovation" can be defined as something original and more effective and, as a consequence, new, that "breaks into" the market or society. Innovations tend to be produced by outsiders and founders in startups, rather than existing organizations. Innovation is related to, but not the same as, invention, as innovation is more apt to involve the practical implementation of an invention (i.e. new/improved ability) to make a meaningful impact in the market or society, and not all innovations require an invention.
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