Answer: d. export ban
Explanation:
An Export Ban as the term implies refers to restrictions on the sale of a good to another country or set of countries.
In 1975, OPEC in a bid to drive up prices as well as punish countries it viewed as sympathetic to Israel, refused to supply the US and it's Allies with Oil thus reducing supply in the market. This had the effect of driving up oil prices and accomplishing their goals.
It had the effect of encouraging the US to implement an export ban so that domestic production in the US could be ramped up to take care of the population should OPEC ever threaten them again.
The purpose of the Sarbanes-Oxley act is to provide penalties for violators; prevent conflicts of interest; require CEO accountability; regulate auditors.
In finance and economics, interest is payment from a borrower or deposit-taking economic organization to a lender or depositor of a quantity above compensation of the most important sum, at a selected rate. It's far distinct from a charge that the borrower may pay the lender or some third birthday celebration.
Interest is the monetary price for the privilege of borrowing money, typically expressed as an annual percentage rate (APR). Interest is the amount of money a lender or financial group gets for lending out cash.
Interest is defined as the quantity of cash paid for using someone else's money. An instance of the hobby is the $20 that was earned this 12 months to your financial savings account. An instance of the hobby is the $2000 you paid in the hobby this 12 months on your home mortgage.
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Answer:
a. The production possibility curve(PPC) moves up and to the right because of increase in human skills resulting in enhanced production and output.
b. Due to bumper crop PPC moves up and to the right.
c. Due ton increased workers entering into the country PPC moves up and to the right ( increased output)
d. The workers are already unemployed hence it does not shifts PPC
e. Due to efficiency to convert salt water into fresh water output increases. PPC moves up and to the right.
f. Decreased productive capacity results in PPC shifting down and to the left.
Answer:
B. Firms that produce advertising trade in a "two-sided market".
Explanation:
It is a business model for economic exchange between two distinct user groups.
Answer:
A positive economic statement
Explanation:
A positive statement is one that is based on fact and that is objective in its deductions, it takes a cause and effect approach to the subject being discussed.
In the given instance the newspaper stated that consumer prices rose by 1% and if the trend continues annual rate of inflay will be 12%.
On the other hand normative statements are those based on subjective and judgemental deductions. They express the author's opinion on how things should be.