The Articles of Confederation on March 4 1789
In South Africa, there are 30,000 children that are trafficked annually.
Internationally, 21 million people have been trafficked around the world.
Two techniques on how to avoid being a victim of human trafficking are to
be wary of employment opportunities that are too good to be true
be alert of your surroundings when you are in a quiet and secluded place
The Coase Theorem says that, in an economic transaction with externalities, if property rights are well defined and if the transaction costs are low enough, then the private solution is socially optimal, with no need for government intervention to correct the situation externality, which is a market failure. The government's only role would be to ensure that property rights are well defined and that free trade flows without transaction costs.
Coase's theorem, shows how the role of institutions, especially legal ones, are important for the proper functioning of the market economy.
Answer: It decreases the government purchases multiplier.
Explanation: The Government purchases multiplier is the factor by which the income in an economy increases due to government spending. For example if the government introduces $2 miilion into the economy through projects, the total effect on the economy is more than $2 million, it is multiplied through the contractors, their employees, the businesses the employees patronize and so on.
However, an increase in tax rate has the opposite effect on income, it reduces both the Marginal Propensity to Save and Marginal Propensity to consume. An increase in tax rate will reduce the multiplier.
A tax rate increase is a contractionary measure, that it, it reduces the aggregate demand while increased government spending is an expansionary measure, it increases the aggregate demand.
Jeremy is most likely an "evolutionary psychologist".
Evolutionary psychology is a theoretical approach in the social and common sciences that inspects psychological structure from an advanced developmental viewpoint. Evolutionary psychologists propose that it isn't just a sub discipline of psychology rather evolutionary hypothesis can give a central, metatheoretical structure that incorporates the whole field of psychology similarly as evolution has for biology.
