Answer to Question 1
Rising government expenditures leads to more government borrowing, and such borrowing can soak up resources that would otherwise have been used by households and firms. Some economists believe that rising government expenditure displaces private economic activity like consumption and investment. This implies that employment increases by less than it would have otherwise increased.
Answer to Question 2
The three functions that banks perform as financial intermediaries are:
a. Banks identify good investment options.
b. Banks transform short-term liabilities like deposits, into long-term investments.
c. Banks transfer risk from depositors to the bank's stockholders and, in some cases, to the government.
Relationships and dates divergence of living primate group based on molecular and DNA comparisons.
Milestones of Gross Motor Development in Infancy Age ranges provided are for 90% of American infant
Generally, the total tax burden in the United States is much lower than that of other industrialize
Cultures Ideal Body Types
A clone-by-clone, or map-based
Genome-wide SNP-based heritability for individual behavioral disorders