Self-regulatory practice is like serving Lion 50gms of meat after 10 days without any protection.It will go for a kill and Government intervention is highly required. Buying consumer goods,land and property, corporation and technology and locomotive.It is for working class, middle class , lower middle class.
Explanation:
- Self-regulatory is related to one human mind taking decision.
- In psychology it was always proven each human behavior.
- Is to dominate the other human irrelevant of there kindness.
- Business run by single owner mostly dont pay suppliers, employees well.
- If government steps in policies could be balanced for all the people.
- Government works on decision by multiple people.It does not...
- Single mind taking a decision.Consumers are cheated most of the time.
- Regulators body taking steps to curb the owners of business.
- Example Ray kroc shuck hands with real owners of MC donalds that....
- He would give royalty on a yearly basis but there was no paper work.
- Of Government just a handshake they never got Royalty.
Answer:
B. A large number of very large and small banks
I think
Answer:
Italy has a comparative advantage in the production of cheese
Explanation:
Suppose that Italy and Sweden both produce rye and cheese.
Italy's opportunity cost of producing a pound of cheese is 5 bushels of rye while Sweden's opportunity cost of producing a pound of cheese is 10 bushels of rye.
<u>By comparing the opportunity cost of producing cheese in the two countries, you can tell that Italy has a comparative advantage in the production of cheese because it has a lower opportunity cost (as a matter of fact half the cost) in comparison with Sweden.</u>
<u>Comparative advantage is an economic term that refers to an economy's ability to produce goods and services at a lower opportunity cost than that of trade partners</u>
Answer:
b. Economic Stimulus Act of 2008
Explanation:
The Economic Stimulus Act of 2008 was enacted during the term of George.W Bush. It was done to help encourage business investments during the recession by granting tax rebates to every taxpayers and consequently increasing disposable income. The Economic Stimulus Act of 2008 granted tax rebates of the lesser of net income tax liability or $600 to every taxpayer and $1200 to tax paying couples who filed their taxes jointly.
