Answer:
Maurya Empire was vaster as compared to Gupta Empire. Mauryan rulers followed a centralized administration structure, whereas Gupta rulers followed a decentralized administrative structure. The Tax system during the Mauryan dynasty was stringent; whereas Gupta rulers favored more liberal tax system.
Explanation:
Answer:
Automatic stabilizers are policies that adjust, as the name implies, automatically, to economic conditions.
An example of an automatic stabilizer is a progressive tax scheme that adjusts rates depending on whether the economy is growing or in recession. If the economy is growing, the tax rates will rise for those who are earning more income, and if the economy is in recession, the tax rates will go down for everyone.
Another example is unemployment benefits. They will increase when the economy is doing poorly and more people are unemployed, and the will decrease in the opposite situation.
The biggest advantage of automatic stabilizers is, as economist Mark Thoma explains, that they do not need to pass through congress to become effective.
<span>The Preamble is the introduction to the Declaration of Independence. It tells why they want to form a new country and their reasons for doing so.</span>
