The correct answer is D., because if its little its easily repayed but if its to large it becomes harder to repay, I hope this helps you have an amazing day!!
~<span>razerthebrainieace</span>
Answer and Explanation:
Phelps criticized Friedman's position, because he said it was totally irrelevant to analyze the tax functions of inflation without assessing product demand, as Friedman suggested in his theory. He stated that this would only be possible if there was a way to predict an optimal rate of inflation in different situations of demand and supply, otherwise, in Phelps' words it would be the same as "Professor Friedman gave us Hamlet without a prince".
Phelps' positioning would be better considered by the RBC model, since this model is based on real and not imaginary facts.
Answer:
Please see the answers below.
Explanation:
To begin with, governance is a word that describes the process or manner of conducting the affairs or policy of people, organization or a state. Good governance is the measure of how well affairs are conducted and resources are managed. The measure or standards of good governance are known as the characteristics of governance. They are many characteristics of good governance. The important ones are listed below.
Good governance must be:
1. Consensus oriented.
2. Effective and efficient.
3. Accountable.
4. Participatory.
5. Equitable and inclusive.
6. Responsive.
7. Transparent.
8. Follow the rule of law.
