Describe the notion of political business cycle
Describe the notion of political business cycle.
Expert
A political business cycle is the perception that politicians are more interested in re-election than in stabilizing the economy. Before the election, they enact tax cuts and spending raise to make happy voters even though it may fuel inflation. After the election, they apply the brakes to hold back inflation; the economy will slow and unemployment will increase. In this view the political procedure creates economic instability.
Object of Expenditure (Objects): It is a categorization of expenditures based on the kind of goods or services received. For illustration, the budget group of Personal Services comprises the objects of Salaries and Wages and Staff Benefits.
Tort: It is a civil wrong, other than a breach of contract, for which the court awards indemnity. The traditional torts comprise malpractice, negligence, assault and battery. Lately, torts have been widely expanded such that the interference with a co
Financial Planning: It is a comprehensive assessment of an investor's present and future financial state by employing presently known variables to forecast future cash flows, asset values and the withdrawal plans.
Normal 0 false false
Define the term Price Earning ratio and how it is calculated?
In a perfect capital market, what advice would you give a corporate financial manager on making capital structure decisions? Justify your advice. How and why would your advice change as real world capital market imperfections are introduced? Q : Consumers advocates expressed concern Consumer's advocates expressed concern over such merger possibilities. Elucidate this statement.
Consumer's advocates expressed concern over such merger possibilities. Elucidate this statement.
For banking services how competitive is the market?Along with more than 7,000 banks and thrifts in the U.S., banking is one of the most competitive industries in the world. Assume the following characteristics of the American financial services
Administratively Established Positions: The positions authorized by the Department of Finance throughout a fiscal year that were not comprised in the Budget and are essential for workload or administrative reasons. These positions fin
18,76,764
1950309 Asked
3,689
Active Tutors
1418025
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!