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Start learning 50% faster. Sign in nowFunctional finance is an economic theory proposed by Abba P. Lerner. It states that government should finance itself to meet explicit goals, such as taming the business cycle, achieving full employment, ensuring growth, and low inflation . The principal ideas behind functional finance can be summarized as: •Governments have to intervene in the national and global economy; they are not self-regulating. •The principal economic objective of the state should be to ensure a prosperous economy. •Money is a creature of the state; it has to be managed. •Fiscal policy should be directed in light of its impact on the economy, and the budget should be managed accordingly, that is, 'balancing revenue and spending' is not important; prosperity is important.
If 2cosθ + 8sin2θ = 11, where 0o < θ < 90o, then find the value of cot θ.
if a sin 45 ˚ = b cosec 60 ˚ then find the value of a⁴/b⁴
...What is the value of 1/(1+tan 2θ ) + 1 / (1+cot 2 θ ) = ?
...In ∆ABC, AB = 5cm, BC = 6cm and AC = 10cm then find out the value of cos A?
Find the simplified value of the following expression if a = 30o
[(sin2a + cos2a} ÷ seca × sina ÷ cosa]
...The angle of elevation of the top of a 70 feet tall tower from the initial position of a person on the ground was 30°. She walked towards the tower in ...
If tan 3.5θ x tan 6.5θ = 1 then the value of tan 5θ is
If Sin 3A = Cos (A - 46°) where 3A is acute angle, then the Value of A is
If cot8A = tan(A+8˚), find the value of A? Given that 8A and A+8 are acute angles.