Describe the notion of political business cycle
Describe the notion of political business cycle.
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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.
Compare diversifiable and non diversifiable risk. Which do you think is more significant to financial managers within a business firms?Diversifiable risk can be dealt along with by, of course, diversifying. Generally non diversifiable risk is co
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Explain financial markets? Why do they exist?In financial markets, financial securities are bought and sold. They exist chiefly to bring deficit economic units (those needing money) and surplus economic units (those have extra money) together.
What kind of role does depreciation play in estimating incremental cash flows? Depreciation expense is a tax deductible expense and therefore affects cash flow through its effect on taxes. Depreciation expense which is incremental to a proposed
Special Fund for Economic Uncertainties: It is a fund in the General Fund (that is, a similar reserve is involved in each special fund) authorized by the statute and Budget Act Control Section 12.30 to offer for emergency situations.
i want to write final state report. My state is Texas. You can use the resources that i attached, also you can use another resources to cover the outlines.
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