The answer is influence. Conformity and Obedience refer to
an order being done or ordered to be done, whereas obedience is the form of social
influence wherein an individual acts in response to another individual’s
request or order, in which the person takes form in a shape of an authority or
higher position than you, such as an individual’s parents. While Conformity
refer to the act being done through social pressure. An individual is being
pressured by a number of individuals or present factors that affects the decision
of an individual.
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The first alternative is correct.
Political economy can often be conflicting.
The main instruments of economic policy are monetary policy and fiscal policy. Both can be used to stimulate or discourage the economy. In this way, when they are adopted with the opposite sign, they are an example of conflict, as described in this exercise.
If the government wants to stimulate the economy through increased spending (expansionary fiscal policy), it will be injecting money into the economy. However, the main cause of inflation is excess currency in circulation. Thus, a contractionary monetary policy aims to wipe out the supply of money to contain inflation. That is, the first measure is inflationary to stimulate the economy, but the second is anti-inflationary, however contractionary.
<em>"Suppose the government and the Federal Reserve have conflicting goals. The government wants to encourage economic growth by </em><em>increasing spending</em><em>, but the Federal Reserve wants to decrease inflation by </em><em>decreasing the money supply</em><em>".</em>
Answer:
the answer is third one ..............
