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strojnjashka [21]
3 years ago
12

So, say a person named Bertrand is an avid supporter of protectionism. His primary platform is the idea that the United States i

mports too many foreign goods. He dislikes that many of his clothes are made in China instead of the U.S. because clothing is a basic need, even for babies. He would prefer that the United States drill in the Arctic National Wildlife Refuge (ANWR) instead of importing oil from Kuwait because oil powers our military\'s tanks and planes. Which argument for protectionism is Bertrand using?
-The National Security Argument
-The Infant Industry Argument
-The Environmental Protection Argument
-The Job Creation Argument
Business
1 answer:
Luba_88 [7]3 years ago
8 0

Answer:

The correct answer is letter "A": The National Security Argument.

Explanation:

The National Security Argument poses as a threat the dependence on other countries for economic sustainability. This concept points out extraordinary circumstances like war, where depending on other countries is a drawback in stepping ahead in the conflict. The argument promotes self-sufficiency as a solution to the problem that is also extended to the filed of consumer goods such as food or clothing.

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An individual has utility function U(x)=x1/4U(x)=x1/4 for salary, and is considering new job offer which pays $80,000 with a bon
vladimir2022 [97]

Answer:

108,280.22

Explanation:

Certainty equivalent is solved by taking the inverse utility function from the expected utility of a random wealth variable

U(x) = x^1/4

U^-1(x) = x^4

U^-1(x) === x^4

CE(x) = x^4

Salary   Bonus   Total income   U(x)= x^(1/4)       P(x)        U(x)*P(x)

80000       0          80000               16.82                1/7             2.4

80000    10000     90000               17.32                1/7            2.47

80000    20000    100000              17.78                1/7            2.54

80000    30000    110000               18.21                 1/7            2.6

80000    40000    120000              18.61                 1/7            2.66

80000    50000    130000              18.99                1/7            2.71

80000    60000    140000              19.34                1/7             <u>2.76</u>

Sum                                                                                             <u>18.14</u>

CE(x) =  18.14^4

CE(x) = 108280.22

So therefore,  the certainty equivalent of this job offer is 108,280.22

5 0
3 years ago
One of the most important activities of entrepreneurs is identifying their customers. This includes understanding when consumers
Margarita [4]

Answer:

Explanation:

First we have to understand what is a consumer. A consumer is that person who purchases a goods or services for personal use.

1. Early adopters. (first adopters)

2. Innovators. (first adopters)

3. Early Majority. (first adopters)

4. Late majority. ( Last adopters)

5. Laggard. ( Last adopters)

2. a. High-income people who have inherited their wealth. ( Laggard)

b. Future oriented Below-average-income wage earners ( Innovators)

c. Present (security) oriented High-income people who have incomes from salary and investment. ( Late majority)

d. Highest professionals, including merchants and financiers. ( Last majority )

e. Present oriented Average-income wage earners. ( Early adopters)

f. Middle managers and owners of medium-sized businesses. ( Early Majority)

g. Above-average-income wage earners. ( early adopters)

h. Present oriented, but worried about the impact of time. (Late majority)

I. Unskilled labor Skilled labor. (Innovators)

J. Owners of small businesses; non-managerial office and union managers. ( early adopters)

K. Tradition-oriented people who often live in the past. (Laggard)

6 0
3 years ago
HELP!!!! Imagine that you have been approved to participate in a cooperative education program. In two or three sentences, indic
Karolina [17]

Answer:free points

Explanation:

4 0
3 years ago
Read 3 more answers
Expansionary fiscal policy is generally designed to ____________ aggregate demand and thus ____________ real GDP and employment
vichka [17]

Answer:

increase

increase

Explanation:

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Discretionary fiscal policies can either be expansionary or contractionary

Expansionary fiscal policy is when the government increases the money supply in the economy either by increasing spending or cutting taxes.

Expansionary fiscal policies increases money supply which increases aggregate demand, as a result output  or real GDP increases

Contractionary fiscal policies is when the government reduces the money supply in the economy either by reducing spending or increasing taxes

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Zolol [24]

Correct option is a: low income

Hiv and aids disproportionately impact low income nations.

Acquired immunodeficiency syndrome  or AIDS is a chronic and  potentially life-threatening condition  which is caused by the human immunodeficiency virus (HIV).

By damaging the immune system, HIV interferes with the  ability of the body  to fight with infections and diseases.

HIV is a sexually transmitted infection (STI). HIV can also be spread by contact with infected blood or it can also spread from illicit injection drug use or sharing needles of infected person.

It can also be spread from mother to child during pregnancy or at the time or  childbirth or breastfeeding.

To know more about HIV/aids here:

brainly.com/question/22072504

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4 0
2 years ago
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