Answer:
The three primary stakeholders are the banks, the merchants, and the consumers.
Banks = Against, since this would mean that they will be receiving less
Merchants = For, since they would be paying less
Consumers = Generally unaffected. But I believe they would be more against the proposal because if interchange fees are capped, then the banks will find other ways to retrieve the lost revenues by other means, such as increasing the interest or etc.
The fourth question is correct (D).
To understand this answer, one must understand the mechanism of correction of inflationary processes.
Inflation erodes the purchasing power, thus, the elderly with fixed income will be harmed and not beneficiaries in an inflationary process.
<u>The main mechanism to reduce inflation is the interest rate.</u> In this way, when inflation happens, the Federal Reserve raises the interest rate. This makes public bonds profitable and economic agents begin to use money by buying bonds, reducing the circulation of money and consequently lowering inflation.
For banks that have made adjustable rate loans, this will be a good thing, as interest on the contracts will increase along with the increase in the interest rate, which will make the contracts yield more. Therefore, banks will be the biggest beneficiaries. However, this will happen only when the rate is adjustable.
Communism is an economic system where the group owns the factors of production. In countries, the government represents the group.
Answer: B. The Cost of War
Explanation:
The answer is b. The cost of war. This is because taxes and government funding provide education as a benefit for military veterans.
<u>Answer:
</u>
'An air puff in the eye elicits an eye blink' is the statement that illustrates a US-UR pair.
Option: (B)
<u>Explanation:
</u>
- When an event generates an unconditioned stimulus, it is often followed by an unconditioned response spontaneously.
- This kind of stimulus is usually unavoidable and makes the subject vulnerable to respond in a specific manner that is expected for the type of stimulus received.
- The correlation between US and UR is characterized by the input-output link that is apparent in any given event.
