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There are times when the government should let the market work, because fair competition leads to competitiveness and productivity. There are other times when the government should intervene, as in the case of monopolies using unfaircompetition to cheat the rest of society.
The definition does say unambiguously that business cycles are "recurrent but not periodic."
Answer It is very important that you understand that the Federal Reserve is not a government institution. It does not take its orders from the federal government. Yes, they put their hand in and try to change the course of the U.S. Economy, but you have to ask yourself, Who are they? What are they trying to do? Who are they trying to help when they do it? Answer Business cycles are the ups and downs in business as defined by a time span. This span could be days, weeks, months, years, decades, even centuries. Generally, the cycle depends on the type of business. For instance, construction business usually slows dramatically in the winter months, as it is not practical to build things while it is snowing and cold. Also, financial markets undergo some turmoil around tax season as people try to settle their accounts for their taxes. One can measure the overall economy as having cycles of growth and slow down by the GDP or some other economic indicator.There are many schools of thought on how the Government (including the Fed) should use this information. Some say that the government should just let the cycles happen as they may, keeping their hands off (laisse-faire). Others go to the other extreme, saying that government should control the cycles completely. Most economics fall in the middle, opting for an indirect approach, saying that the business cycles simple should be "smoothed out."One could easily see why the dips in business activity would want to be smoothed out and how the gov't would do that (lowering interest rates and taxes, etc). But why would the gov't want the economic booms to be not as boomful? The answer is because during times of hightened business activity, there is a huge risk of demand-pull inflation. The gov't then wants to raise interest rates and taxes so that the economy doesn't get "too hot" and cause this problem.
multinational
Canno't really say. Depending on what business it is, how much insurance you have to pay, how much are your suppliers selling you their products.
Yes. There probably is. But where it is located, none of us are sure. Some say it's in the library of congress, and others say it's buried some where near the white house. The Presidents secret book probaly contains tips, government secrets, wartime affairs, and important names.
The social contract basically says that the government should say out of of the people business.
I'd say they've devolved, especially if they're related to the government.
I would have to say that is deregulation. P.S. Warning the government no longer has your better interest at heart.
They were against it, as they did not want the Irish government having a say in Northern Ireland's affairs, so they held protests against it.
I believe no. They are influential in the sense that people idolize them and look up to them, but I'm pretty sure the government is run by Parliament. I may be wrong though considering I do not live in England.
Some people say we have an 'Big Government' but, I do not believe that.
it is when the people who live somewhere were they have a market economy they are allowed to set prices and things within the market business, government doesn't have a say with what they do and their business`
Government cannot control what you say or wear.
i dont no the answer plz say
Unionists in Northern Ireland hated the Anglo-Irish Agreement because they saw it as a threat to their position and the sovereignty of the UK. They believed that it undermined the principle of consent, which stated that Northern Ireland would remain part of the UK until a majority of its citizens voted otherwise. They feared that the agreement would give the Irish government undue influence over Northern Irish affairs.
I have no idea, but some say the government blew up the twin towers on 9/11.