Answer:
c. labor and ideas.
Explanation:
The Romer model is a type of economical model that breaks down the world into objects and ideas such as capital, labor
In the Romer model, the inputs to production are labor and ideas.
It can give you some insight into your career which can make you more marketable. they can also give you a leg up on the competition and also the ability to negotiate for a higher salary
Answer:
It is FALSE that If the tax is imposed upstream versus downstream, economic theory predicts that this will lead to the same allocation of abatement activity, but it will change who bears the burden (incidence).
Explanation:
When tax is imposed upstream versus downstream the person that bears the burden will not change because at both incidence it is the consumer(Downstream) that will cover the tax still.
Upstream refers to points in production that originate early on in the processes. Often applied to the oil and gas industry, upstream activities include exploration, drilling, and extraction.
The downstream sector is the refining of petroleum crude oil and the processing and purifying of raw natural gas, as well as the marketing and distribution of products derived from crude oil and natural gas.
Obviously, it becomes half so it'll be 10%
Forgive me if its wrong. im answering as best as i can.
