Answer:
Large budget deficits may reduce private investment, thereby stifling economic growth.
Explanation:
Crowding out is a term that describes the situation that occurs when the increase in involvement of the government in a particular sector of the market economy, has a direct effect on the remaining market, either on the demand or supply side of the market.
Therefore, crowding out effects which can be caused as a result of government financing large budget deficit, thereby, making them to be involved on a particular sector of the economy, will result to government needing more capital, hence encouraging savings, through increased in interest rate, or selling of bonds and treasury bills with attractive returns, which will leads to reduction in private investment spending, such that it affects negatively the increase in inital total investment.
The two main types of jurisdiction exercised by courts are original jurisdiction and appellate jurisdiction.
Answer:
The two biggest drawbacks or disadvantages of unrelated diversification are: Demanding managerial requirements and limited competitive advantage potential.
Three events or time period in history that occurred following the Renaissance: 1. Age of exploration, 2. Age of revolution, 3. Rise of humanism and socialism.
Explanation:
Renaissance is a golden age in European history that transform the middle age society into technologically and scientifically upgraded modern society. It was happened in the 15th and 16th century. Three most relevant events that occurs after renaissance are:
- Age of exploration (innovation of new ideas, principles and technology),
- Age of revolution (Philosophical manifestation, up gradation of society),
- Rise of humanism and socialism (establishment of human ethics and values of religious beliefs).
Answer:
Explanation:
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