Answer:
tariffs around the world fell substantially.
Explanation:
The world War I was a period of battle between various countries from 1914 to 1918. It started formally on the 28th of July, 1914 and ended on the 11th of November, 1918.
At the end of World War II, tariffs around the world fell substantially in order to foster trade between countries.
Trade can be defined as a process which typically involves the buying and selling of goods and services between a producer and the customers (consumers) at a specific period of time.
Tariffs can be defined as government imposed levies, fees or duties on goods that are imported into or exported out of a country.
Generally, tariffs can reduce both the volume of exports and imports in a country. In order to generate revenues, domestic government make use of tariffs while quotas do not generate any revenue for them.
Answer:
The correct answer is D. will result in a multiple times higher decrease in equilibrium real GDP in the short run; however, a tax-rate reduction will increase the automatic-stabilizer properties of the tax system, so equilibrium real GDP would be less stable.
Explanation:
Ricardian Equivalence is an economic theory that suggests that when a government increases expenses financed with debt to try to stimulate demand, demand does not really undergo any change.
This is because increases in the public deficit will lead to higher taxes in the future. To keep their consumption pattern stable, taxpayers will reduce consumption and increase their savings in order to offset the cost of this future tax increase.
If taxpayers reduce their consumption and increase their savings by the same amount as the debt to be returned by the government, there is no effect on aggregate demand.
The fundamental concept of Ricardian equivalence is that it does not matter which method the government chooses to increase spending, whether by issuing public debt or through taxes (applying an expansive fiscal policy), the result will be the same and demand will remain unchanged.
Answer:
Efficient frontier analysis closely resembles a graphic system that breaks down risk performance and will show three levels. The return or investment of low, medium and high risk can help in the decision-making process. EFA reminds me of one of my favorite TV shows, Shark Tank. In Shark Tank you will see "sharks" or investors who choose to invest in a company, usually new companies, and often these investments have a high risk, but they could also have a high rate of return. As with most things, there are some limitations with the use of an efficient border analysis. A common limitation for EFA is the lack of reality that the return will always follow a distribution flow. EFA is not an exact science; It is difficult to identify and disaggregate. Stocks are a good example of EFA limitation. Investment actions are difficult to predict and preserve because there is a lot of unpredictability in the stock market.
NOTE: Explanation is in the answer.
<span>Essential goods does not affect demand for we cannot live without it. That is why the demand for essential goods will remain constant even if there is a change in price. An example is medicine; people will buy this to cure their ailment regardless of a price increase.</span>
Answer:
The correct answer will be to the following question will be Option E.
Explanation:
- The bond capacitance value seems to be equivalent to the cost of all payouts at the end of the occurrence actual purchase-including its relationship (this same time including its initial sale of the partnership).
- Annuity payments are referred to as financing amount or payments. Throughout the scenario of government securities, discount code payments should be made whether in half-yearly as well as annual basis. This is close to the charging of interest.
Other given options are not related to the given situation. So that option E seems to be the right answer.