Answer:
Tax cuts boost demand by increasing disposable income and by encouraging businesses to hire and invest more.
Tax increases do the reverse. These demand effects can be substantial when the economy is weak but smaller when it is operating near capacity.
Explanation:
How do taxes affect the economy in the long run? High marginal tax rates can discourage work, saving, investment, and innovation, while specific tax preferences can affect the allocation of economic resources. But tax cuts can also slow long-run economic growth by increasing deficits
Sometimes people engage in trade in order to get what they need or to communicate.
Answer:
Extensive social regulation may have an anticompetitive effect.
Explanation:
Social regulation refers to a series of public policies, rules, and laws, implemented by a government that try to determine or influence some economic or social activities. Social regulations are often used with specific goals in mind, such as promoting equality, restrict harmful practices, and protect certain sectors of the population, the environment, etc. However, a side effect of regulatiosn is that they might have an anticompetitive effect. That is, they can discourage private activity because the costs of abiding by the regulations might be seem as too high by some actors, thus preferring to stand aside; also, regulations can distort free markets, leading to distortions in prices and misallocation of resources. On the other hand, often times the costs of social regulations are often easier to measure than their benefits. This is because the costs can be directly measured by the amount of money regulations costs to the government and enterprises, while benefits are more often than not indirect, so there are no immediate indicators for how beneficial regulations can be.
Answer:
Deep processing involves paying closer attention to a stimulus than shallow processing and results in better processing.
Explanation:
Levels of processing theory also commonly called semantic network theory is defined simply as the rate or ability to form memories depends upon the depth of the processing.
Deep processing is simply defined as a semantic encoding processes that entails creating or forming an association or attaching meaning to a sensory impression and results in longer lasting memories. The semantic encoding process simply means taking into consideration the meaning of words.
Answer:
1. B 2. B 3. A 4. A 5. D
Explanation: 1. "In the same book, I met with one of Sheridan's mighty speeches on and in behalf of Catholic emancipation."
"I read them over and over again with unabated interest."
"-died away for want of utterance."
Use context clues to decipher the tone and purpose of this entry. This part of the text mentions Douglass reflecting on his thoughts. This might be what gave him the inspiration to take off his career.
2. Talk. It's simple, boring, and could easily describe any sentence or situation.
3. Great. It's precise and obvious enough for any sentence.
4. To enjoy. "I should relish less than the one I was leaving." Use context clues to find the tone to help. This means to enjoy. Because it's just within your reach, and you should enjoy it while you can.
5. Stop being a child and pay all your bills. It's straight forward, brutal, clear, and straight-up negative tone.
