Identify two problems that may derive from a lack of coordination between fiscal and monetary policy.
What will be an ideal response?
First, lack of coordination of fiscal and monetary policy will cause the two to cancel each other’s effects; second, coordinating the two may produce an excessive amount of correction in the economy, so that changes overshoot the mark and economic fluctuations are exaggerated rather than minimized.
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French school of thought during the Enlightenment emphasized all of the following except for ______.
a. culture as a progressive, cumulative, and distinctly human achievement b. a cosmopolitan view of the world c. culture as distinguished by natural and spiritual sources d. culture as a nonchanging phenomenon
Which of the following is not a type of rule granted by the Rules Committee?
a. Open b. Amended c. Closed d. Modified