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.
The theoretical design of nature reserves, based on the tenets of island biogeography.
This chart illustrates the four quadrants in which we can place the relationships between the state
Based on this figure, what pathway is used during urinary catheterization, in which a tube is ...
Environmental policy
IPCC models are based on projections of growth
Key foreign policy agencies