Answer:
b. seigniorage.
Explanation:
A seigniorage can be defined as the difference between the amount it cost to produce money and its face value.
Basically, the revenue generated by the government from this difference between the production cost of money and its face value can be used to finance part of its expenditures (spending) without necessarily having to directly tax the citizens living within the country. Thus, a seigniorage can either be considered as a negative revenue for the government, when the face value of the money created is lesser than its cost of production or a positive revenue for the government, when the face value of the money created is greater than its cost of production.
Hence, when a nation prints money (rather than taxing directly) to finance its government spending, it results in inflation, and purchasing power of the private sector falls. This is known as seigniorage because the creation (production) of money has led to a loss for the government rather than a gain.
Answer:
elasticity of demand is 2.16. Consumers pay a smaller portion of the tax
Explanation:
Elasticity of demand measures the responsiveness of quantity demanded to changes in price.
Elasticity of demand = percentage change in quantity demanded / percentage change in price
(2/19)(2/41) = 2.16
When the coefficient of elasticity is greater than 1, demand is elastic.
Elastic demand means that a small change in price leads to a greater change in quantity demanded.
Because demand is elastic, more of the burden of the tax falls on producers and consumers pay a small portion of the tax.
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Answer:
d. contracts drafted under a common law system tend to be longer than those drafted under a civil law system.
Explanation:
Common law can be defined as a set of unwritten laws which are primarily based on precedent court decisions, tribunal decisions and customs and are usually employed in similar court judgments and rulings that cannot be determined by existing statutes.
On the other hand, civil law can be defined as a set of law which regulates private or personal matters such as family matters, marriage, property, contracts etc.
When comparing contracts in common law and civil law systems, it can be said that contracts drafted under a common law system tend to be longer than those drafted under a civil law system because the drafters of contracts under civil law are able to rely on codified and standard default rules.
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The planning strategies that is known to lower employee morale is varying work force size by hiring or layoffs.
<h3>What is Employee morale?</h3>
Employee morale serves as the attitude as well as satisfaction that an employee shows in an organization, and this can be seen during their association with other employees as well as customers in that organization or a business.
Therefore , varying work force size by hiring or layoffs will reduce
Employee morale.
learn more about Employee morale at brainly.com/question/1638703
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