Answer:
A. the world experienced little to no growth until the industrial revolution, after which all of the world's economies began to experience real economic growth.
Explanation:
As we know it was the industrial revolution which provided the economic growth to the economy, as before that people believed majorly on barter system and there was no record of profit on such.
The individual earnings and growth came because of industrial revolution which provided jobs to huge number of people in an economy.
Since the people started earning by their own whether through jobs or their own businesses, there was a great urge to work and earn in all those who were not willing to earn.
This basically helped the economy to see the growth of individuals.
Answer:
E
Explanation:
A tax is a compulsory sum levied by the government or its agents on goods and services
Tax credits are amount of monies that taxpayers can be subtract from the amount of tax owed. It reduces the amount of tax to be paid. It is not taxed
A municipal bond is a debt instrument issued by a state or municipality to finance its capital expenditures.
Municipal bonds are usually exempt from federal income tax. This makes these bonds attractive to individuals with a high income tax bracket
Income from dividends are taxed twice. Once at the firm level and the second time when the income is distributed to shareholders
Elasticity of demand measures the sensitivity of the quantity demanded to changes in price of the things demanded. If it is inelastic then it does not respond to price change much. If it is elastic then it responds to price change a lot. Hope this helps understand elasticity of demand of the economy!
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Answer:
Systematic desensitization.
Explanation:
Systematic desensitization is a type of behavioral therapy based on the principle of classical conditioning. It was developed by Wolpe during the 1950s. This therapy aims to remove the fear response of a phobia, and substitute a relaxation response to the conditional stimulus gradually using counter conditioning.