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How do automatic stabilizers avoid the limitations that affect discretionary fiscal policy?
Automatic stabilizers, such as unemployment benefits and progressive tax systems, work without the need for new legislation, providing timely support during economic fluctuations. They activate instantly when the economy slows, helping to stabilize demand and mitigate recessions, unlike discretionary fiscal policy, which often faces delays due to political processes and debates. This immediate response helps to smooth out economic cycles more effectively and reduces the risk of pro-cyclical policies that can exacerbate downturns. Overall, automatic stabilizers promote economic stability while avoiding the inefficiencies associated with discretionary measures.
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Advantages and disadvantages of bounded rational decision making model?
The bounded rational decision-making model acknowledges that individuals have cognitive limitations and constraints that affect their ability to process information, leading them to make satisfactory rather than optimal decisions. An advantage of this model is that it allows for more realistic decision-making by recognizing these limitations, enabling quicker and more practical solutions. However, a disadvantage is that it may lead to suboptimal outcomes due to oversimplification and reliance on heuristics, potentially overlooking important information and alternatives. This can result in decisions that are adequate but not necessarily the best possible.
What are the limitations of capital budgeting process?
Capital budgeting limitations are as follows:-It has long term implementations which can't be used in short term & it is used as operations of the business. A wrong decision in the early stages can affect the long term survival of the company. The operating cost gets increased when the investment of fixed assets is more than required.Inadequate investment makes it difficult for the company to increase its budget & the capital.Capital budgeting involves large number of funds so the decision has to be taken carefully.Decisions in capital budgeting are not modifiable as it is hard to locate the market for capital goods.The estimation can be in respect of cash outflow and the revenues or saving & costs attached which are with projects.
How does the marketing affect the economy?
how does affect the all economy
How does copper affect the economy?
it does affect becuaase we are weasting money
How does its affect to our country?
it will affect our country by not letting the budget get control.
How does entitlements affect the range of discretionary spending by congress?
They call Harrison Barnes, a.k.a. black falcon, in for help.
How does limitations and constraints on marketing affect Tesco?
They lick the faces of their customers.
How does Cosby's physical limitations affect his skill at football?
How did Cosby's physical limita- tions affect his skill at football?
How does albinism affect the lifestyle of a person who has it?
People with albinism have many limitations. These limitations include burning easily in the sun and have extremely sensitive eyes.
Would a bad radiator affect the automatic transmission?
Yes
Are there limitations that affect electricity production when using solar cells?
ur father
Does the increase for the statute of limitations affect mortgages that were made before the increase of the statute of limitations?
Mortgages don't have a statute of limitations. There may be a civil suit brought if the mortgage isn't paid, but the mortgage doesn't expire.
What is bi polar illness and who does it affect?
Bipolar is an condition where a person experiences extreme highs and lows in there moods. It is psychologically similar to schizophrenia. But they are treatable with anti-psychotics and mood stabilizers.
How to enable automatic updates on windows 2000?
you have to format your PC,automatic updates are turned off due to the virus which affect you computer
Will bad spark plug wires affect gear shifting in automatic transmission?
Bad spark plug wires affect many areas of your vehicle. However, gear shifting in an automatic transmission is not one of them.
What is the scope and limitations of the study?
The scope and limitations of a study will be influenced by the factors that affect the subject of study. These are internal and external factors which cause direct and indirect influence on the subject.
Does the front axle damage affect the automatic transmission in Nissan maxima 1999?
It can.
