Answer:
restricting the money supply by adjusting interest rates
Explanation:
As you may already know, inflation is the term used to refer to the exaggerated and continuous increase in the price of all products present on the market in a given country. Inflation can generate a lot of economic and even social damage, for this reason, it is necessary for the government to establish strategies that reduce the level of inflation in the country.
In the short term, the strategies that the government can adopt when inflation is high are to reduce spending, but to increase taxes and raise interest rates. With that, we can say that the government restricts the money supply within the country, limiting spending, but adjusting interest rates so that they get higher. As a result, the demand for products will be less than the supply. The result of this, is a tendency to decrease the price of products.
Suppose both john and bill can do two tasks in a day. if john can do each of the two tasks faster than bill, then <u>John should specialize in performing the task for which he has a </u><u>comparative advantage</u><u>. </u>
Comparative advantage refers to the capacity to provide goods and offerings at a lower possibility price, not always at a greater quantity or satisfactory. Comparative gain is a key perception that trade will still occur even though one u . s . has an absolute gain in all products.
In an economic model, retailers have a comparative advantage over others in producing a selected desirable if they can produce that excellent at a lower relative opportunity price or autarky rate, i.e. at a decrease relative marginal price previous to trade.
In economics, a comparative advantage occurs when a country can produce a very good or carrier at a lower opportunity value than another u . s .. The principle of comparative gain is attributed to political economist David Ricardo, who wrote the book standards of Political economic system and Taxation (1817).
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Bolivar stood apart from his class in ideas, values and vision. Who else would be found in the midst of a campaign swinging in a hammock, reading the French philosophers? His liberal education, wide reading, and travels in Europe had broadened his horizons and opened his mind to the political thinkers of France and Britain. He read deeply in the works of Hobbes and Spinoza, Holbach and Hume; and the thought of Montesquieu and Rousseau left its imprint firmly on him and gave him a life-long devotion to reason, freedom and progress. But he was not a slave of the Enlightenment. British political virtues also attracted him. In his Angostura Address (1819) he recommended the British constitution as 'the most worthy to serve as a model for those who desire to enjoy the rights of man and all political happiness compatible with our fragile nature'. But he also affirmed his conviction that American constitutions must conform to American traditions, beliefs and conditions.
His basic aim was liberty, which he described as "the only object worth the sacrifice of man's life'. For Bolivar liberty did not simply mean freedom from the absolutist state of the eighteenth century, as it did for the Enlightenment, but freedom from a colonial power, to be followed by true independence under a liberal constitution. And with liberty he wanted equality – that is, legal equality – for all men, whatever their class, creed or colour. In principle he was a democrat and he believed that governments should be responsible to the people. 'Only the majority is sovereign', he wrote; 'he who takes the place of the people is a tyrant and his power is usurpation'. But Bolivar was not so idealistic as to imagine that South America was ready for pure democracy, or that the law could annul the inequalities imposed by nature and society. He spent his whole political life developing and modifying his principles, seeking the elusive mean between democracy and authority. In Bolivar the realist and idealist dwelt in uneasy rivalry.
~Hello there! ^_^
Your question: What two countries were created from Great Britain leaving India?
Your answer: The following are the two countries that were created from Great Britain leaving India:
1) Pakistan
2) Bangladesh.
Hope this helps~
