Answer:
- The federal government reserves the power to print money.
- By printing money to pay its debts, the government decreases the value of money and causes the inflation tax.
Explanation:
As per the Constitution, the Federal government reserves the sole right to print currency. This ensures that all the states have a stable medium of exchange thereby allowing goods and services to flow across states undisturbed.
When the government prints money to enable it pay off its debt, the value of the currency decreases because the supply of money has increased relative to its demand. As a result, the currency will only be able to buy less than it was able to buy before thereby creating a sort of inflation tax because people would be paying an extra amount in order to purchase goods and services
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So you know how to get the most profit from sales
The correct option is B.
Writing the kind of business a person is doing at the back of their business card will serves to remind you the nature of the business of the person and alert you to their availability when you need their service.<span />
Answer:
The correct answer is letter "A": an increase in the price of the firm’s output.
Explanation:
Externalities are costs paid by individuals who are not involved in causing it. The typical example of an externality is a company's pollution. Governments set regulations and penalties to corporations provoking pollution but to mitigate those costs the fined entities rise the price of their products. Thus, eventually, the consumer is the affected of the situation.
However, <em>externalities can be positive. Just like in the example, the green cover of Tampa Power and Light Company benefits Tampa citizens. To incorporate the cost of this benefit will imply rising the price of the firm's output (electricity) so resources can be efficiently allocated.</em>
