The country had feared that population growth was hindering economic development, so in 1979, the Chinese government implemented one crucial policy to control its population: a one child per family policy. It also implemented birth control programs and offered economic incentives to families with fewer children.
Answer:
1) short-run aggregate supply decreases
2) short-run aggregate supply decreases
3) short-run aggregate supply increases
Explanation:
An increase in the cost of employer provided health insurance means that firms are paying more for each unit of labor they employ. This is an increase in nominal wages (even if employees don't see this increase in their paychecks!). The result is that is it more expensive to produce so short-run aggregate supply will decrease or shift to the left. Similarly, the bad weather in the Northwest will reduce the availability of lumber and increase the price, making lumber more expensive at any amount. Because lumber is used extensively as an input into the production function, this too will result in a decrease in short-run aggregate supply.
In comparison, a rise in productivity will result in an increase in short-run aggregate supply. Because of the new technology, it now becomes cheaper for Herbert, and the other farmers like him, to produce at any quantity, and so they increase production. Such a shift occurs over the entire economy and will shift the short-run aggregate supply curve to the right.
Answer:
A) collecting taxes
Explanation:
Without taxes, the country can't function properly. The country cares mostly about taxes and after that about the people.
Answer:
Transaction exposure is High if the two currencies are Negatively correlated.
Explanation:
The reason is that when the two amounts are the same with positive correlation, then the benefit arising from the dollars is equal to losses in chinese Yen. And the net effect will be no profit and no loss arising due to the strengthening of the other.
This means if their is no correlation then the two currencies might move adversely at the same time and the example can be taken by analyzing that Ethiopia is largely independent of making sales to America so the possibility exists that the company will either increase its worth or decrease its worth by the currency movements.
