Answer:
Fiscal policy refers to the measures employed by governments to stabilize the economy, specifically by manipulating the levels and allocation of taxes and government expenditures. Fiscal policy relates to the decisions which determine whether a government will spend more or less than it receives.
Fiscal policies are influenced by the executive and legislative branch of a country.
Explanation:
One of the ways the executive branch influences fiscal policy is that the President and the Secretary of the Treasury directs the fiscal policies of the United States. Since the fiscal policy is tied into each year's federal budgets, the President proposed this budgets to be approved by the Congress.
One of the ways the Legislative branch influence fiscal policy is that the approve the Federal budget proposed by the President. In United States, Congress passes laws and appropriates spending for any fiscal policy measures. This process involves participation, deliberation and approval from both the House of Representatives and the Senate.
Monetary policy refers to the policy undertaken by the monetary authority of a country to control money supply in order to achieve macroeconomics goals which in turn promote sustainable economic growth. Monetary policy reduces liquidity to prevent inflation.
Reasons why the Federal Reserve Board is given independence in establishing monetary policy are
1. They are free from short term legislative/executive pressures. Without the degree of autonomy, the Federal Reserve Board could be influenced by election focused politicians into enacting an excessively expansionary monetary policy to lower unemployment in the short term. Tho could lead high inflation.
2. They Federal Reserve Board runs a technocrat appointment rather than a political appointment. The monetary decision of the Federal Reserve Board is not ractified by the President. They receive no funding by the Congress and members of the Board of governors who are appointed, serve 14-year term. This terms do not coincide with presidential terms, thus making them further independence.
Andrew Jackson was a major proponent of states' rights, and viewed the central banking system a taking advantage of the smaller states. This view was shared by many at the time.
<span>The frontal lobe shows increased activity when a fact is failed to be remembered. When something is successfully recalled, the hippocampus increases in activity. This shows that there is some level of specialization when it comes to memories and how they are stored and processed.</span>
For Joe, wearing sunglasses is controlled by avoiding blinding sunshine, whereas for Bill, wearing sunglasses is sustained by avoiding blinding sunlight.
<h3>The psychological aspect of wearing sunglasses</h3>
- There are particular periods of the day and places where there is a higher risk of sun-related eye injury. Being near water, snow, or a moving vehicle on a sunny day is like receiving a double dose of ultraviolet light. These surfaces can reflect light into the eyes.
- It also matters how big the sunglasses are. The better, the bigger. Researchers from Switzerland discovered in 2018 that larger sunglasses provided greater UV protection than smaller ones and that UV-blocking goggles provided the most comprehensive shield.
- The body's circadian clocks, which are involved in controlling sleep, food, and many other processes, have been proven to be set by light-sensing photoreceptors in the eye.
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