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.
Growth Chart for American Girls From Birth Through Age 3 Growth slows from infancy to toddlerhood b
Empathy draws a more positive response from the patient because it is based on the willingness of th
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Foundations of evidence-based practice.
An electrochemical cell is based on these two half-reactions