Purpose of education Summary.

Purpose of education   Education aims to improve social agility instead of preserving the current affairs or the status quo. In school management , there should equal education opportunity; that is, ensuring all students have access to unbiased curriculum, free education, chances for various scholars to enroll at the same school without discrimination , and… Continue reading Purpose of education Summary.

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The goas of education summary.

The goas of education   The goal of education has to be passionate, creative, turning individuals into lifetime learning and preparing learners to take a risk. The goal of education is to learners into creative individuals who can work autonomously and collectively, imparting learners problem-solving skills and the ability to think critically. Education should enable… Continue reading The goas of education summary.

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There are three main classification of fiscal policy?

There are three main classification of fiscal policy: Neutral: It is undertaken when an economy is in equilibrium. In this instance, government spending is fully funded by tax revenue, which has a neutral effect on the level of economic activity. Expansionary: It is implemented during recessions to increase the level of economic activity. In this… Continue reading There are three main classification of fiscal policy?

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An expansionary policy

Expansionary If a country is facing a high unemployment rate during a slowdown or a recession, the monetary authority can opt for an expansionary policy aimed at increasing economic growth and expanding economic activity. As a part of expansionary monetary policy, the monetary authority often lowers the interest rates through various measures, serving to promote… Continue reading An expansionary policy

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Fiscal policy or the use of government spending.

Fiscal policy Fiscal policy is the use of government spending and taxation to influence the economy by promoting strong and sustainable growth and reduce poverty. The theories of British economist John Maynard Keynes underpin fiscal policy. This theory, also known as Keynesian economics, notes that governments can affect macroeconomic productivity levels by altering tax rates… Continue reading Fiscal policy or the use of government spending.

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The central bank Forex Management.

Forex Management The central bank also manages foreign exchange reserves on behalf of the government and the common population. Thus, it is the central bank’s duty to ensure that the country always has enough foreign exchange on hand to import essential commodities from the international markets. It also has the power and the financial muscle… Continue reading The central bank Forex Management.

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Contractionary monetary policy.

Contractionary Increased money supply can lead to higher inflation, raising the cost of living and cost of doing business. Contractionary monetary policy, increasing interest rates, and slowing the growth of the money supply, aims to bring down inflation. This can slow economic growth and increase unemployment, but is often necessary to cool down the economy… Continue reading Contractionary monetary policy.

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