Answer:
a) Seizing the farms from his political rivals, and giving them to his friends, even when they do not know about farming, will result in less economic growth, because the human capital employed in farming is now of less quality. If things turn sour, a famine could even result (there have been many examples of this kind of situation throughout history).
b) This kind of red-tape will result in less economic growth, because investments that could have been made during the current year, will be postponed at least one year due to the bureaucracy.
c) The government of Tempestia is improving the judiciary, granting it independence and credibility. This will result in more economic growth because now both citizens, and international investors have more confidence in the country, since they feel that their property rights will be enforced, giving them an incentive to invest and take risks.
d) This kind of protectionist policies will likely result in less economic growth because the lack of international trade makes things more expensive for consumers, keeping their incomes from growing, and also because protectionism leads to the misallocation of resources by keeping afloat inefficient economic sectors that under a free trade system would otherwise collapse to give way to more efficient sectors.
Answer:
the third one.............
Answer:
D). Working Class.
Explanation:
Working class citizens are said to earn from $15000 to $45000 per annum. Therefore Eddie and Dustin fall in this circle.
Social classes are hierarchical groupings of individuals that are usually based on wealth, educational attainment, occupation, income, or membership in a subculture or social network. Many Americans recognize a simple three tier model that includes the upper class, the middle class, and the lower or working class. Meanwhile, some scholars deny the very existence of discrete social classes in American society.
<u>Answer:</u> This is an example of scarcity.
<u>Explanation:</u>
Scarcity means there is less supply of the goods that are required. Non renewable goods are the goods which are available in lower quantity and they may become obsolete at a point of time. These resources cannot be replaced by nature and it takes quite a long time to get supply of these resources.
When non renewable resources are used in production of goods the prices of the goods are very high. When renewable resources are used they are unlimited in supply so the price of the products will be less.
The quantity of real GDP supplied depends on the quantity of labor employed, the quantity of physical and human capital, and the state of technology
Option C
<u>Explanation:
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The production of real GDP depends on the labor market; on money, human capital and technical state; on land and natural resources; on creative ability.
It is the cumulative amount of finished product and service that U.S. companies intend to manufacture. It depends on how much labor, money, human capital and technical requirements as well as on land and natural resources and market expertise is hired.
When all other effects on output schedules remains constant, the relationship between the amount of actual GDP provided and the level of prices will continue. It occurs if, at the crossroads of the AD and AS curvature, the amount of real GDP demanded is the same.