Procyclical fiscal policies, like those of many US state and local governments, have the tendency to make recessions or inflation worse.
In order to affect economic conditions, particularly macroeconomic recessions conditions, fiscal policy refers to the use of government spending and fiscal policies tax policies. These include employment, the total demand for goods and services, inflation, and economic expansion.
In order to boost demand and stimulate the economy during a recession, the government may reduce tax rates or increase spending. As an fiscal policies alternative, it might increase rates or reduce spending to slow down the economy and fight inflation.
Comparing fiscal policy to monetary policy, which is implemented by recessions central bankers rather than elected government officials, is common practice.
Learn more about fiscal policies here
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Cleaning up a park, free car wash, volunteer at the soup kitchen
Answer:
There are different kind of careers that one can pursue in life; in order to choose a particular career, one has to consider some important factors.
The most important factor to consider in this case is your interest and passion. What are your interests? Which type of work can you do continuously every day and you will not be bored? That is the first thing you must figure out.
So, for an individual to consider pursuing a career in the education and training cluster, that person must have passion for imparting knowledge, he must be someone, who derive joy from teaching people and making them better than he met them.
Other important factors that must be considered include the following:
Suitable skills: you must have inborn talents that can be used in training people. Talents such as ability to express yourself clearly will help you in the education sector.
Academic qualifications: depending on the specific level of education, where you want to get involved, you must be prepared to get the required qualifications. For instance, to teach at a University level, you must have a doctorate degree in your field.
Job availability: another factor that you must consider is availability of jobs in your area of interest. Is teaching job easily available in your environment?
Income: The amount of money you can possibly earn as a teacher is also very important. You need to investigate how much you can earn as a teacher and decide if you are comfortable with the amount or not before you go ahead.
Answer:
The answer is: Rawl Co. should recognize the related revenue evenly over the contract year as the services are performed.
Explanation:
According to the conservatism principle, Rawl Co. should record revenues and assets only when you are sure that they will occur. So they should record revenue only as the service is provided on a monthly basis.
It should determine the monthly payment = $540 / 12 = $45 per month.
So at the end of every month, it should recognize $45 as revenue.
