Answer:
get better off
get worse off
Explanation:
Import are goods or services produced in other countries that are brought into a country.
Import tariff is a form of tax imposed on imported goods. import tariff increases the price of import. the purpose of import is to discourage import
Intermediate good are goods used in the production of finished. An example of an intermediate good is raw materials
When an import tariff is imposed on an intermediate good, producers that use the intermediate goods would be worse off because the price of intermediate goods needed for production would increase as a result of the tariff. This would increase their cost of production and reduce their profit margins
While the producers of the intermediate good in the country would be better off because they would face less foreign competition. Also, they would benefit from the increased price of the intermediate good. This would increase their profit margins.
Answer: A commercial bank.
Explanation:
These are banks whose function is to lend to both the population and the economy. The basis of this activity is short-term deposits from all sources. By granting loans, these banks increase their money supply. In some areas, these banks, in conjunction with the authorities, also provide lower interest rates to stimulate economic development.
Answer:
1. False
2. Shortage; Larger
Explanation:
1. A binding price ceiling is one that prevents the market from reaching its equilibrium. In this market, the equilibrium price is $25 therefore anything below $25 will be binding. A price ceiling below $25 per box is a binding ceiling.
2<em>. Assuming that the long-run demand for oranges is the same as the short-run demand, you would expect a binding price ceiling to result in a </em><em><u>shortage</u></em><em> that is </em><em><u>larger</u></em><em> in the long run than in the short run.</em>
In the long run, supply is more sensitive because farmers can decide to plant oranges on their land, to plant something else, or to sell their land altogether.
This means that a price ceiling in the long run will be less attractive to farmers so they might leave the market. If they do this then the shortage will be more as there are now less supplies in the market.
You could be a coach of some sort or you could try to be a profesinal athlete or you could be a triner
