Answer: they just saw a person and thought wow not bad
Explanation:
Answer:
When the Federal Reserve increases its interest rate, banks then have no choice but to increase their rates as well. When banks increase their rates, fewer people want to borrow money because it costs more to do so while that money accrues at a higher interest. So spending drops, prices drop and inflation slows
Explanation:
Answer:
So long as their laws do not contradict national laws, state governments can prescribe policies on commerce, taxation, healthcare, education, and many other issues within their state. Notably, both the states and the federal government have the power to tax, make and enforce laws, charter banks, and borrow money.
Explanation:
Answer:
B. The government could reduce corporate tax rates for service and retail companies.
Explanation:
The accumulation of technological capital and knowledge are considered factors that generate increase in the productivity of firms and the economy as a whole. Thus, all policies that encourage the training of labor, as well as the technological development of firms are considered policies conducive to economic growth. Scholarships, patent incentives, and research support fit this type of incentive. However, the mere reduction of fees charged by firms cannot be considered an incentive policy from the perspective of growth theory that considers the accumulation of knowledge as the main aspect of development. Tax reduction is a simple tax policy aimed at increasing firms' competitiveness and increasing sales, but it is not associated with the process of scientific and technological development, as it does not involve the diffusion of knowledge.
