Marigold in Once upon a marigold
<span>The term Sojourners means “bird of passage” and it makes reference to boys and men from southern Italy that migrated to America. most of them were contract laborers who did not want to become American citizens so they were coming and going from the US to his country. </span>
Question: The fiscal deficit of the country Zoldova has been increasing at an alarming rate for the last decade. One of the major reasons for the worsening fiscal deficit has been indiscriminate government spending which had to be financed by printing more currency. The continuous increase in money supply to finance wasteful government expenditure caused the inflation rate to hit triple digits. With rising instability in the country, the central bank had to redenominate its currency earlier this year. As a result, currency worth 10,000 Zoldovan dollars last year are now worth only 100 Zoldovan dollars. Which of the following is most strongly implied by the information given in the question?
A. Zoldova's GDP reached an all-time low this year.
B. The ability of the Zoldovan dollar to function as a store of value has declined.
C. Personal income tax rates in this country are very low.
D. This is the first time the country has experienced hyperinflation.
E. Generous salaries and perks to government officials accounted for a substantial portion of government spending.
Answer: The ability of the Zoldovan dollar to function as a store of value has declined.
Fiscal deficit is the difference between the total revenue and the total expenditure of a government. It is usually known as the total borrowing needed for a budget to be implemented.
As a result of Zoldovan increasing fiscal deficit, the value of their currency has decreased.
This is an example of automatic processing.
Automatic processing does not require us to pay attention to what we are doing nor do
we have to deliberately put in effort to control this processes. If we
practice something long enough, it becomes automatic. Typing on a keypad, driving a car, playing an instrument are all examples of automatic processing.
In order to make the data big enough for everyone to see he must be using a projector. A great resource tool.
