The difference between both nations is tha the venezuelan administration spends all of the oil porceeds now, not saving a pence. chile, by constrast, follows its counter cyclical guidelines and even tries, through fiscal policy, to avoid an excessive appreciation of the chilean peso against the us dollar -a byproduct of the high copper price-, which could lead to some degree of dutch disease, by saving $15 billion abroad. only the interests of it are to be spent for now. hope this helps!
Answer:
During his reign, Justinian reorganized the government of the Byzantine Empire and enacted several reforms to increase accountability and reduce corruption.
Explanation:
Answer:
B. Diminishing returns
Explanation:
As the proportion of one factor in a combination of factors is increased, with sufficient investment, each initiative will reach a point where no further improvement is possible, first the marginal and then the average product of that factor will diminish, therefore the investments create no additional returns.
B.removal of reigning king. He and his wife were sentenced to the guillotine for crimes against the state.
hope this helps <3
