Today's youth grow up with the internet. Thus they look at it differently from the previous generation who mostly use it for entertainment or research. For the youth, the internet is the way to communicate, congregate and share information of their social life. It is obvious that the internet has and will continue to change the way we live. The internet has changed education which the youth spend most of their days. Students can get access to areas of their interests. Someone can even study online without going to school.
It is a good thing in my opinion and the government should introduce computer and internet study from elementary school. That way students benefit from the unprecedented access to information the internet provides, as well as the ability to share knowledge across the globe. Millions of books, journals and other useful materials of learning are available online.
In conclusion, despite all the doubts people have about the internet being a dangerous place, it is important for the youth to have access to it.
Answer:
Comparative Advantage
Explanation:
The assumption of Comparative Advantage theory is that there is no barrier.
It is explained in the model that if each country focuses on what it does best relatively then both countries together can produce more of each good/service using all their labor.
Then they can trade with each other and benefit. (To trade they must produce what the other need)
Answer:
See explaination for the details of the answer.
Explanation:
1) Increase
As business is optimistic about its future, such business will start capacity expansion to cater for consumer demand.
2) Decrease
Higher real interest rate simply means borrowing cost is higher for the firms and so that they will reduce the investment in respose to that.
3) Decrease
A lower tax means higher profits and firms can pass these benefits to consumers with lower prices, to employees with higher wages and to the government with tax on profit. However, if the rate of tax itself has been increased then in that case corporates will see higher tax as a dampener in sentiments and they might curtail investment plans.
4) Decrease
A recession means there will be lesser economic activity overall and demand will be lower so as the consumption. In such case, planned investment will be reduced.
