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Draw Two Different Business Cycles on the Same Graph

question 13

Essay

Draw two different business cycles on the same graph.Show one without countercyclical fiscal policy and one with countercyclical fiscal policy.Referring to your diagram,discuss why governments employ countercyclical fiscal policy.


Definitions:

Linnaeus's Classificatory System

A system developed by Carl Linnaeus for categorizing and naming organisms using a hierarchical structure of kingdoms, classes, orders, families, genera, and species.

Founder Effects

A particular form of genetic drift deriving from a small founding population not possessing all the alleles present in the original population.

Genetic Drift

A mechanism of evolution involving random changes in the frequency of alleles within a population over time.

Testing for DNA

The process of examining a sample to identify the genetic material present, often used in forensic science, paternity testing, and genetics research.

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