Answer:
A trade surplus can create employment and economic growth, but may also lead to higher prices and interest rates within an economy. A country's trade balance can also influence the value of its currency in the global markets, as it allows a country to have control of the majority of its currency through trade.
Explanation:
Ted has a broken limbic system in which theorist would speculate because the limbic system is the one responsible for the feelings, emotions or even moods that the brain produces in which Ted has difficulty of showing or inferring his emotions to others and self.
The tractor should be selected based on the following factors :
- Land holding: Under a single cropping pattern, it is normally recommended to consider 1 hp for every 2 hectares of land
- Cropping pattern
- Soil conditions
- Climatic conditions
- Repairing facilities
- Running cost
- Initial cost and resale value
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Answer:
Automatic stabilizers are policies that adjust, as the name implies, automatically, to economic conditions.
An example of an automatic stabilizer is a progressive tax scheme that adjusts rates depending on whether the economy is growing or in recession. If the economy is growing, the tax rates will rise for those who are earning more income, and if the economy is in recession, the tax rates will go down for everyone.
Another example is unemployment benefits. They will increase when the economy is doing poorly and more people are unemployed, and the will decrease in the opposite situation.
The biggest advantage of automatic stabilizers is, as economist Mark Thoma explains, that they do not need to pass through congress to become effective.