The Laffer curve <span>was the rationale for an effective 25 percent decrease in tax rates during the reagan administration of the 1980’s.</span>
Answer:
A. a shift to the left
Explanation:
Rather, the National Association of Realtors expects rates to average 3.1% and the Mortgage Bankers Association says mortgage rates will average 3.3% in 2021. These rate estimates are both up from the 3.0% mortgage rate average in 2020 but lower than 2019 average rates.
Those organizations focus on trade for the mutual benefit of its members.
Specifically, they are formed around a number of treaties that eliminate obstacles and barriers to the trade among their members.
The correct answer is: <span>(3) encouraging trade between countries and
lowering trade barriers</span>
The American Declaration of Independence, together with the Constitution and the Bill of Rights, can be considered as the prototype of the foundation documents of all modern democracies. It was based on the assumption that man has a God-given rational nature guiding his free will as self-ruling. So, it placed reason before will.The French Revolution, on the other hand, in spite of its avowed cult of reason by "Liberty, Equality and Fraternity", in fact disavowed reason and made the will of the people majority rule the source of civil power. Thus will was placed before reason.Which of the two Revolutions is the genuine democratic one? The elucidation of this issue, so vital for our time, is the purpose of this paper. The analysis undertaken, with a previous clarification of terms is both philosophical and historical as only the latter can provide the basis for a philosophical reflection