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.
The alternative (and/or complement) to fiscal policy is monetary policy. This is set by the Federal Reserve Board. The economic logic is similarâput money in or take money outâbut the tools are different. During a recession, the Fed can stimulate growth by lowering the interest rate. People are more willing to make a major purchase when they can borrow money at 5%, rather than 7%.