The assertion is true. In a republic, laws are made by elected officials to control the economy.
How does the economy of a republic get shaped by its government?
The government permits people to run their own enterprises. Personal property ownership is prohibited by the government.
Government authorities enact laws to influence the economy through market control, producer benefits, and compliance with the law. The government imposes limitations or restrictions on commercial activity through regulation.
As a result, option (a) true is correct.
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Answer:
a. primary appraisal.
Explanation:
Primary appraisal: In psychology, the term "primary appraisal" is determined as one of the different types of appraisals and is described as an assessment related to the degree to which a particular event is considered as significant for an individual, involving either an opportunity or a threat. While experiencing primary appraisal, an individual experiences an "emotional response" to a specific situation.
In the question above, the given statement represents primary appraisal.
Answer: Discount rates are used to determine today's value of money paid or received at some future time.
This calculation is used in the cost-benefit analysis in order to place all economic flows of a project that occur at different points in time into a single year currency so that costs and benefits can be compared.
The rates used are typically around 10%, but try to analyze them with other rates between 5% and 15% to determine if the viability of the project is sensitive to the discount rate. It is defined by World Bank or the government of the country concerned.
