A big increase in government spending is an example of a positive demand shock.
A demand shock is a sudden event that increases or decreases demand for goods or services temporarily. A positive demand shock increases aggregate demand and a negative demand shock decreases aggregate demand. Therefore there will be an initial inflation with the shock but since demand shocks are temporary and the central bank commits to an inflation rate target, then over time inflation will fall back down to the inflation target.
Expansionary fiscal policy is an increase in government spending or a decrease in taxation, while contractionary fiscal policy is a decrease in government spending or an increase in taxes. Expansionary fiscal policy can be used by governments to stimulate the economy during a recession.
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The president request that congress hold an special session when the two houses can't concede to a date to meet or in a emergency circumstances.
Answer:
The institution and processes though which public policies are made of a society? Government, I believe
"Younger adults are more likely to have more possible selves but less likely to believe they can attain them." is false
This is further explained below.
<h3>What are
adults?</h3>
Generally, An adult is a person who has reached complete maturity and development. A person is considered an adult once they reach the age at which they are held to be legally accountable for their conduct. The fact that he was now an adult was shown by the fact that he had become a parent. Children less than 14 years old are required to travel with an adult.
In conclusion, It is not true that younger persons are more likely to have a greater number of potential selves, but they are less likely to feel that they can achieve those selves.
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He was unable to resist the demands
of his id.