Answer:
D. they can save money this way.
Legislation would most likely ask interest groups to help shape public policy because the interest groups are knowledgeable about the specific issue.
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Answer: D. increases in government purchases.
Explanation:
Crowding out may occur simply due to expansionary fiscal policy that is, a situation wherby the government wants to increase the money in circulation and also increase its expenditure. This can lead to the government borrowing funds.
Crowding out may occur when fiscal policy involves increases in government purchases. This borrowing in turn, affects the money that will be available to the private investors as there'll be lesser funds for them.
Economics solves the problem of scarcity by placing a higher price on scarce goods. The high price discourages demand and encourages firms to develop alternatives.
Answer: 59 days
Explanation: As we know that,
And,
where,
= $550,000
so,
=6.19
Now, putting the values into first formula we have :-
= 59 days