In case of a positive fiscal shock (increase in fiscal deficits), aggregate output may rise beyond potential (sustainable) output due to the fiscally induced rise in aggregate demand. Subsequently, this leads to dissavings and lowering of investments which would depress output in the long run.
The Transactional Model of Communication Development. ...communication development is viewed as a transactional process that involves a developmental interaction vis-a-vis the child and communicative partners. change in the child may trigger a change in the environment, which in turn affects the child and so on. In this way, both the child and the environment change over time and affect each other in a reciprocal fashion, and early achievements pave the way for subsequent development (Warren & Yoder, p. 368).
The functional approach to small group communication has several strengths. Unlike systems theory, functional theory is prescriptive in nature. That is, it suggests that critical thinking, sound logic, informed discussion, and systematic procedures are essential to effective decision making and problem solving.his section of the website provides an overview of four theories of small group communication: Functional Theory, Symbolic Convergence Theory, Structuration Theory, and the Naturalistic Paradigm.