France might be classified as a core kind of nation.
When a guest in a hotel purchases a toothbrush and toothpaste from the gift shop, the guest has purchased a good from the hotel.
<h3>What is a good?</h3>
In the field of economics, we can define a good to be an item that has utility and also has the ability to satisfy the wants that people would have in the society.
This is a good because the paste and the brush is useful for the cleaning of the teeth hence this can be termed as its utility. In essence we can say that When a guest in a hotel purchases a toothbrush and toothpaste from the gift shop, the guest has purchased a good from the hotel.
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Answer:
They did not give the central government enough power to act.
Explanation:
It's not B because the states had majority of the power (They had majority of the power because of fear of a tyrannical leader), not C because checks and balances wasn't created in the USA until 1787 (Constitution) and not D because the federal government couldn't even tax with the articles of confederation.
Answer:
The attitude follow behavior principal.
Explanation:
If a structural surplus exists but the government's budget is balanced, then <u>real GDP is less than potential </u><u>GDP</u>.
<h3>
What do you mean by Government's budget?</h3>
A government budget is referring to as the budget that consists of the documents made by government or other political entity representing its anticipated tax revenue.
Moreover, there are basically three types of government budget that consists of balanced budget, surplus budget and deficit budget.
In case of surplus in structural happens then the real GDP is less than the expected GDP. Here, GDP is defined as Gross Domestic product. These budgets are helpful to make a decision regarding tax and spending and for consuming and investing.
Adding to it, structural surplus is the difference between government of fiscal revenue at the time of cyclical peaks.
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