Answer: Economic growth will be negatively affected as there will be a decline in the demand for goods and services.
Explanation:
Economic growth is the increase in the output of goods and services in the economy. A consumption tax on goods consumed would lead to an increase in price which in turn, leads to a fall in the real income of comsumers.
The fall in real income of consumers will lead to reduction in the demand of goods which will also lead to the reduction in the GDP of a country.
Answer: availability heuristic
Explanation:
Availability heuristic is very useful and essential in decision making or taking. Most times in our decision making process, we tend to recur information or things that occurs a long time ago or a common phenomenon that suddenly appears in our thoughts and we base our decision at times by the outcome of those thoughts. Example is when phone theft I reported on TV constantly, you can infer mostly that it occurs in you area often that it does. In this type, you give power to the information and most times you overestimate the likelihood of it occuring.
Okay so the New York state already launched a program about quitting the use of Tobacco by increasing the tax on tobacco and limiting smoking work area places, do campaigns and increased help for people who wants to quit. this plan had a drastic positive result. the uses or addiction decreased to 17.5% but neverless, some people still smoke either because they are dealing with something or they being dumb and wasting money cos they think its cool. don't smoke kids!! lol
