Answer:
40
Explanation:
According to Ricardian theory, any change in budgets deficits or surpluses should be completely offset by an equal change in private savings.
In this case, the original amount of private savings was 80, but since the budget deficit decreased by 40, then the private saving should also decrease by 40. The total private saving = 80 - 40 = 40
Answer:
b. supply is represented graphically by a curve and quantity supplied as a point on that curve.
Explanation:
Qunatity supplied shows how qunatity of a product changes in response to changes in price of that good. According to the law of supply, the higher the price of good, the higher the quantity supplied and the lower the price of a good, the lower the quantity supplied. This shows that quantity supplied has a direct relationship with price.
Changes in quantity supplied is shown by movement along a supply curve.
Changes in supply is caused by other factors other than changes in price. Some of these factors are :
Changes in price of similar goods
Tax
Change in number of suppliers
Technological advancement
Changes in supply is shown by movement of the supply curve either to the left or to the right and not a movement along the supply curve.
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Answer:
After determining the costs of doing a research, it is possible to take on two different paths: to ask for public and/or private funding, and/or planning and/or outlining the development of the research.
Explanation:
To determine the costs of a research is one of the first steps researchers make, in order to prepare for how they are going to develop that and what will be necessary for doing so. The next step could be two different things: either to ask for public and/or private funding, in order to get the amount of money needed for development, and also for establishing a broad network with companies and institutions interested in the research; and/or to plan and/or outline the development of the research itself, having all major and specific aims outlined and structured with specific informations about who will be the agent of each action, what is the aim for each of them, how it is going to be developed in practice and real life, the studies and scientific networks liked to the research, the expected results with possible problems and solutions, the testing needed if any action takes a wrong or not expected turn, and the turning point of concluding the research tied to the aims achieved with their consequences for future researches.
