Answer:
Consider the following explanation
Explanation:
1. Option C.
Structural unemployment is a type of unemployment which occurs naturally when the economy shifts in time.
This forces certain job skills to become obsolete, due to which mismatch of skills and the jobs available in the economy.
Many workers are also laid off as their jobs no longer match their current skills.
2. Option D.
A laffer curve is a curve which shows a relationship between the taxes imposed within an economy and the tax revenues collected from the imposed taxes.
Above the optimal tax rate, a reduction in tax rates along the downward sloping portion of the laffer curve would increase the tax revenue's.
A person may choose to rent instead of buying a property as they can't afford a down payment
Answer:
d) increased competition can harm businesses in developing countries
Explanation:
Globalization has increased interconnection and interdependence among world economies. International trade has increased due to the relaxation of border restrictions. Due to globalization, many countries, including the developing ones, have liberalized their economies.
For a developing economy, international trade can cause unfair competition to their young industries. Countries with developed economies can produced goods and services in large quantities and with more efficiency. When such goods get to the developing countries, they will be of a higher quality and a lower price. Producers in developing countries will not be able to compete with such imports, which impedes their growth.
<h3>
b) emergency transport</h3>
Emergency transport is used to get a patient to a hospital quickly. Medical transport involves moving someone who needs or wants medical care during the journey.
"Emergency care can make an important contribution to reducing avoidable death and disability in low- and middle-income countries. But emergency care needs to be planned well and supported at all levels--at the national, provincial and community levels"
The misconception that emergency transport cannot be cost effective in low-income settings is demonstrably inaccurate. "With better planning, the ongoing costs of emergency care can result in better outcomes and better cost-effectiveness. "
Hence the correct option is b) emergency transport
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Answer:
changes in marginal tax rates exert important effects on real output and employment-4
Explanation:
Supply-side economic focuses on creating a better atmosphere or conditions for businesses and is majorly concerned with reduction of marginal taxtand deregulation.
According to the this policy, companies are able to hire more workers if the changes in the marginal tax are favourable ie reduced leading to a higher levels of production, and increased production capacity which results to job growth creating more demand which will further improve the economy.
