Answer= Because the United States is already a WTO member, it does not have to lower any trade restrictions as a result of China's entry. In fact, China's entry will help reduce the trade deficit between the United States and China
We can conclude that Michael's budget constraint will shift out but remain parallel to the old one.
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Explanation:</u></h3>
The ability of a person in spending a unit of money in purchasing a product r devices refers to the purchasing ability of that person. Purchasing power determines the quantity if goods and services that can be purchased by the individuals of an economy. The main factor that determines the purchasing power of an individual is the inflation rate.
In the given example, the ability of Michel in purchasing pizzas or submarine sandwiches is explained. When the pizza and submarine sandwiches prices gets doubled, the income of Michel triples. From this we can conclude that Michael's budget constraint will shift out but remain parallel to the old one.
Lucille will need to be responsible for all costs including premiums, copayments, and deductibles, among others.
This program requires cost sharing, matching, or leveraging as described under. Cost-sharing is needed for studies projects to be eligible for investment through HUD's non-competitive cooperative agreement authority.
Fee-sharing reduces charges (because it saves your medical insurance organization cash) in methods. First, you're paying a part of the invoice; since you're sharing the cost along with your coverage organization, they pay less.
Individuals and families with earning as much as 250 percent of the poverty line are eligible for cost-sharing discounts if they are eligible for a top-class tax credit and buy a silver plan thru the health insurance market in their nation.
Learn more about the responsibility for cost-sharing here: brainly.com/question/14868859
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<span>what is the price-earnings ratio</span> is 17.1
