Answer:
Private benefits received by college students and the demand curve for college education will shift up.
Explanation:
Subsidies started in 1800. The student's subsidy was started around world war II. These subsidies aid programs aim to help students. It is processed in which the higher tea payer will pay the tax and that tax used in education services for the student. It is related to demand and supply. But there are most of the federal subsidy suffered from a large amount of fraud, waste, and abuse. Health institution, Medicaid, school lunches all suffers from these heavy downfalls and a large amount of fraud and waste of subsidy.
The term scarcity in economics refers to the fact that:
a. economic wants are limited and resources are abused
b. even in the riches country some people go hungry
c. no country can produce enough products to satisfy everybody's economic wants
d. it is impossible to produce too much of any particular good or service in a market economy
Answer:
traffic , pollution, lack of space.
Explanation:
The legislative body that has power to impeach a president is the House of representatives. The legislative body that has the power to hold the trial for impeachment is the Senate.
The correct answer is scarcity.
Scarcity refers to when certain goods or resources are not able to be produced in a quantity that is sufficient enough to meet people's demands.For instance, let's assume that every summer, a certain state's markets sell mangoes that are high in demand by customers. However, one year, most mango trees are unable to yield mangoes due to unfavorable weather. Due to this only very few mangoes are sold to customers and there are not enough to meet customers' demands. This means that there is a scarcity of mangoes.
