Answer:
Some examples of classical liberalism are freedom of speech, freedom of religion, and gender equality.
Explanation:
Classical liberalism focuses more on personal freedom. Therefore, the examples provided would go with this idea.
Monetary policy is the control of the quantity of money available in an economy and the channels by which new money is supplied.
<h3>What is
Monetary policy?</h3>
The monetary authority of a country adopts monetary policy to regulate the money supply or the interest rate payable for very short-term borrowing, frequently in an effort to reduce inflation.
The central bank's macroeconomic policy is known as monetary policy. It is a demand-side economic strategy used by a nation's government to achieve macroeconomic goals like inflation, consumption, growth, and liquidity. It involves managing the money supply and interest rate.
Price stability is the main goal of monetary policy. In order to promote sustainable economic growth, the general price level in the domestic economy must remain as low and stable as possible in order to achieve the goal of price stability.
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Hello!
The answer for your question is:
A. Citizens are likely to use more electricity for air conditioning.
Answer:
A. People with lower incomes have the same goods as the people with higher income.
B. People wait in long lines for cheap goods.
Explanation:
The command economy is a type of system in which the government plays the leading role in planning and regulating goods and services to be produced by the country. The state authority determines the type of goods and services to be produced and supplied, as well as the quantity and price that will be offered on the market. If this kind of economy is done in the right way, society favors social welfare and equity rather than profiting in this scenario, low-income people would have opportunities to own the same goods as higher-income people.
However, generally this kind of economy generates great shortage of products making people have great difficulties waiting in long lines for cheap goods.
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