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pickupchik [31]
3 years ago
10

A government deficit has decreased from 100 to 60. The country's trade deficit is 120 and private savings equal 80 and investmen

t equals 100. If Ricardian neutrality holds true, after this change in the government's budget, private savings will equal:
Business
1 answer:
charle [14.2K]3 years ago
3 0

Answer:

40

Explanation:

According to Ricardian theory, any change in budgets deficits or surpluses should be completely offset by an equal change in private savings.

In this case, the original amount of private savings was 80, but since the budget deficit decreased by 40, then the private saving should also decrease by 40. The total private saving = 80 - 40 = 40

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6 0
1 year ago
What were the economic changes that revolutionized manufacturing in the eighteenth century and led to the factory system?
Daniel [21]

Answer:

The industrial revolution affected the whole global economy, social relations, and culture.

The industrial revolution changed how goods were manufactured, and it all started with the European accumulation of capital and the invention of the steam engine.

The two major sources of energy were coal and oil that were used to power steam engines that moved machinery using water steam. That led to work specialization and urbanization (people moving into large urban areas).

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7 0
3 years ago
Zoning regulations often prevent a landowner from doing whatever she wants with her property. Some people believe that such zoni
Afina-wow [57]

Answer:

The correct answer is takings.

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The principles set forth in the Fifth Amendment to the United States Constitution are fundamental to anyone accused of committing a crime. Although there are several provisions of this amendment, the elements that protect a person accused of committing a crime are four: the right against forced self-incrimination; the right to a grand jury; the right not to be tried twice for the same crime (exception of res judicata) and the right to due process.

5 0
3 years ago
Chaz and Dolly enter into a contract under which Chaz agrees to provide maintenance services for Dolly's Ski Resort. Duties unde
UkoKoshka [18]

Answer: d. any of the choices.

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Chaz is not to transfer the duties to a third party if Dolly got into the agreement with Chaz for any of the following;

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5 0
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