Answer:
c. producers
Explanation:
Since it is given in the question that the price elasticity of demand is relatively elastic but the price elastic of supply is relatively inelastic but if the excise tax is imposed on the goods so the greater burden of the tax would be on the producers as the supply is inelastic so the producers could not changed much but if we compare to the consumers, the consumer could change the demand more than before due to the elastic in demand.
So, the correct option is c.
Answer:
The answer is b Justifies ignoring the matching principle in certain circumstances.
Explanation:
Answer:
Two ways I would improve productivity would be to increase labor and create incentives. By increasing labor, you'd have more opportunities to keep people at a specified area that they are competent in. If you were to create positive incentives for the workforce, people are more likely to work harder and increase the company's productivity.
Explanation:
Answer:
rise, fall, rise, fall, fall, exchange rate
Explanation:
When there is a change in the level of price it will cause the real value to change as well. This is due to the fact that real value is basically relative price i.e., nominal value adjusted by inflation.
This rise in price effects the demand for exports, which in return falls due to higher goods rates. And the effect is opposite for imports which would now rise. The combination effect of imports and exports results in the change in the net exports which would also fall due to rise in imports and fall in the exports. Overall, this effect is known as the exchange rate effect.
