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:
"providing hindsight explanations for human behaviors"
Explanation:
Not my words
Can you provide more information about this question?
Answer:Cronbach's alpha
Explanation:
Cronbach's alpha is used to measure consistency interms of how closely associated items in a group are.
It measures the scale of reliability as a coefficient of reliability not statistically.
below is a formula that is used to calculate this reliability.
α=N¯c/¯v+(N−1)¯c
Here N equate to the number of items, ¯c is the average inter-item covariance among the items and ¯v equals the average variance.
The increase number of items will increase Cronbanch's Alpha.
Additionally, if the average inter-item correlation is low, alpha will be low.
Beginnings of Christianity. Christianitydeveloped in Judea in the mid-first century CE, based first on the teachings of Jesus and later on the writings and missionary work of Paul of Tarsus. Originally, Christianity was a small, unorganized sect that promised personal salvation after death.
