school hours should be short. Students have a limited amount of power in school, which is one of the main reasons for cutting classes. Students feel as though schools try to contain them and that they are not able to be themselves.
(a) Fiscal reserves is not a back-up asset, but represents the total amount of resources that the Government can use on a day-to-day basis. The level of reserves reflects the Government's entire cash balance. Fiscal reserves serves to meet our day-to-day operational expenses and public works expenditures.
Monetary policy is not the same as fiscal policy, which is carried out through government spending and taxation. To understand monetary policy, it is important to understand a bit about the Federal Reserve, which is the central bank of the United States. The Federal Reserve is a bank for banks. It has several branches around the U.S. hold deposits for and lend to banks.