D) Natural gas prices will fall; jobs will be created both directly in the gas industry and indirectly as regional and national economies benefit from lower energy cost.
Explanation:
The fracking is something that can boost the economies, not just on national but also on global level. While this process is very bad for the environment, it is the opposite for the economy. There are two main reasons as to why the fracking will have positive economic influence, one being the lower price in natural gas, and the other being opening more jobs and development of businesses.
The gas industry needs lot of workforce, so if the fracking is implemented, lot of people will get jobs, a well paid ones too. Also, increased competition on the market and easier availability of the natural gas will result in lowering of the price of it. Lower prices will mean that the businesses will be able to develop further, many more to recover, as well as starting of new businesses, which in turn will mean that millions of people will get jobs because of the demand on the labor market.
<span>There will be a higher risk that the government will default on the debt repayments. We have to pay more as taxes and the revenue available will be lesser for our priorities like education, healthcare, and housing. There will be brain drain as eligible people opt to find a better standard of living elsewhere. As foreign investors pull out their money in a weaker economy, the savings, investment and pension fund will decrease.</span>
In a letter to the editor of a newspaper since you should sound nice and polite
Answer:
Real GDP and nominal GDP are both very important calculations made to understand the strength of a country’s economy. The nominal GDP measures the value of total goods and services produced in an economy in current monetary terms, whereas real GDP measures the value of goods and services after removing all inflationary effects.
Explanation:
Answer:
C, some of the men of the revolutionary war period