Answer:
c. automatic fiscal policy
Explanation:
Automatic fiscal policy are policies triggered automatically due to the state of the economy which causes either government spending or taxes to increase or decrease.
For example, if the economy is undergoing a downturn and real GDP falls, the amount paid as taxes would fall.
If the economy is booming and the real GDP rises, the amount paid as taxes would rise.
These are examples of automatic fiscal policies.
Discretionary fiscal policy is when the government purposely increases or reduces either its spending or taxes in response to the economic conditions.
I hope my answer helps you.
Answer:
The correct answer is (b)permitted because the contract is just for music lessons.
Explanation:
Recall that,
Johann, a well known musician agrees to give out ten lessons of guitar to Elton for an amount of $ 2000. this contract forbids delegation.
Since Johann delegates his obligation to Eugene who is a second year student in music, then his delegation is only allowed because the contract is to take music lessons and nothing more.
Answer:
option C is the right answer
Explanation:
trade adjustment assistance programme was created to reduce the burden or damaging impart of import felt by some sector of the economy of a nation. and it creates an incentive to reduce trade barriers and export subsidies
Answer:
A. that my answers
Explanation:
Jones and smith share the same cuvical in the officce. Jones loves to listen to music on his speakers while working. Smith is not able to concentrate on his work in the presence of music. Jones recieves benefits worth $200 regardless of whether he listen to music on his speakers or headphones. The cost of headphones is $50. SMith is not abke to conecentrate on his work and suffers damages worth $350 when Jones listens to music without his headphones. Smith does not suffer any damages when Jones listens to music on his headphones.
Suppose the office does not have any rules against listening to music on speakers while working. In thisâ case, if Jones and Smith do notâ communicate, the market outcome is that:
a. Jones continues to listen to music on his speakers; therefore, Smith is not able to concentrate on his work
b. Jones continues to listen to music on his speakers; however, Smith is able to concentrate on his work
c. Jones starts listening to music on headphones; therefore, Smith is able to concentrate on his work
d. Jones stops listening to music on his speakers; therefore, Smith is able to concentrate on his work
