The answer is Bound tariff
Bound tariff refers to the maximum amount of tariff that a certain nation could impose to other nations for bringing in their products.
For developing countries that relies on high quantity of products for thir exports, this tariff system would be really favorable for them.
Based on then information given his annual premium is $175,50.
<h3>Annual premium</h3>
Since he bought a life insurance policy of the amount of $135,000 his annual premium can be calculated as:
Annual premium per $1000 of coverage for a 35-year old = 1.30
Annual premium=Life insurance policy/1,000 ×1.30
Where:
Life insurance policy=$135,000
Let plug in the formula
Annual premium=$135,000/1,000×1.30
Annual premium= $175.50
Inconclusion his annual premium is $175,50.
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The answer is nondiscretionary fiscal policy.
Nondiscretionary fiscal policy refers to measures that are incorporated into the system to automatically provide expansionary or contractionary stimulus. Nondiscretionary fiscal policy, for example, entails government measures that stimulate the economy when it needs it and deflate it when it needs it.
Nondiscretionary fiscal policy refers to numerous continuing government spending and taxing schemes. These are largely for the purpose of sustaining revenue. They are almost never modified. They consist of social security, welfare, and unemployment benefits.
Unemployment benefits are a common example of nondiscretionary fiscal policy. Payments must rise when the number of jobless rises, which occurs during an economic slowdown. When the jobless return to work as the economy improves, the payments must fall.
Therefore, the answer is non-discretionary fiscal policy.
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I’m sorry I don’t understand this language
The major antitrust acts of the United States include:
- Sherman Act of 1890
- Clayton Act of 1914:
- Federal Trade Commission Act of 1914
Antitrust law refers to the collection of governmental laws that help in the regulation of businesses in order to prevent monopoly and improve competition.
The major antitrust acts include:
- Sherman Act of 1890: Every form of contract or conspiracy regarding trade restraint was outlawed.
- Clayton Act of 1914: It was passed by Congress in 1914. Unethical business practices were outlawed. Monopolies and price-fixing were banned.
- Federal Trade Commission Act of 1914: It was put into law by President Wilson in order to prevent the unfair method of competition and illegal acts that disrupts commerce.
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