If inflation in the United States is higher than inflation in other countries, then US Exports decrease and US imports increase which decrease net exports.
In the world of business, inflation is defined as a rise in the cost of goods in a location or nation. The amount of money or purchasing power decreases as a result of these high prices.
If inflation in the United States is higher than inflation in other countries, the costs and prices domestically produced goods become more expensive than similar goods made in abroad.Due to higher inflation United States will buy more foreign goods so imports will increase. Exports will decrease as foreign countries spend less on purchasing goods produced in United States which will decrease the exports. As a result net exports will decrease and this results in trade deficit.
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Suppose the government increases spending to fund tuition assistance for qualified college students. automatic stabilizers will increse the expansionary effect of the increase in aggregate demand.
A government is a system or group of people that governs an organized community (usually a state). In the broader associative definition, government usually consists of legislative, executive, and judicial branches.
Your government is the system of people, laws and officials that define and control the country in which you live. For example, the US government is a representative democracy with her three branches.
Government is necessary to maintain law and order. Laws are necessary for society to function. Life in a society without laws is dangerous and unpredictable.
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If Jill engage or follow the theory of mcgregor in terms of
approaching management, then she is likely to assume that a worker or an
average worker would prefer to be directed in which they would rather to be
ordered or consulted directly.
Incorporating small businesses into local government decisions can help ensure the small town culture within the community.
- Small businesses will also participate and volunteer their time at fairs and festivals, working to connect with members of the community while sharing their services to a large audience.
