The public debt for the economy is

1 answer:

4 0

The public debt is the amount of money that a government owes to outside debtors. Public debt allows governments to raise funds to grow their economy or pay for services. Politicians prefer to raise public debt rather than raise taxes. When public debt reaches 77% of GDP or higher, the debt begins to slow growth.

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What is Philip's curve long and short ones?

Veronika [31]

In the Philip's curve the long run usually refers to the vertical line and the rate of unemployment the short run Philips curve denotes inflation and is in L shaped and the relationships indicates the trade-off between the inflation and the unemployment

Explanation:

This curve in general shows the relationship between the rate of increase in the nominal wages and the rate of unemployment and usually lower the rate of inflation higher will be the wages allotted and it will be the vice versa

There will be a shift in the Philips curve when there is a hike in the oil prices abroad and this will cause the curve to shift leftwards so in the long run it will indicate the unemployment rate and in the short run it will indicate the inflation rate

3 0

3 years ago

Do you believe self-regulatory practices are sufficient without governmental regulation to protect consumers? If not, what type

kaheart [24]

Self-regulatory practice is like serving Lion 50gms of meat after 10 days without any protection.It will go for a kill and Government intervention is highly required. Buying consumer goods,land and property, corporation and technology and locomotive.It is for working class, middle class , lower middle class.

Explanation:

Self-regulatory is related to one human mind taking decision.
In psychology it was always proven each human behavior.
Is to dominate the other human irrelevant of there kindness.
Business run by single owner mostly dont pay suppliers, employees well.
If government steps in policies could be balanced for all the people.
Government works on decision by multiple people.It does not...
Single mind taking a decision.Consumers are cheated most of the time.
Regulators body taking steps to curb the owners of business.
Example Ray kroc shuck hands with real owners of MC donalds that....
He would give royalty on a yearly basis but there was no paper work.
Of Government just a handshake they never got Royalty.

6 0

3 years ago

The lack of competition within a monopoly means that

nexus9112 [7]

The company could make the prices as high as they want. This is also means the company basically rules the business.

5 0

3 years ago

Read 2 more answers

Which company is most exposed to the ups and downs of the aircraft engine industry? a) General Electric b) MTU Aero Engines c) U

Mrac [35]

I think it’s b but I can’t garauntee I’m sorry

6 0

3 years ago

George offers to sell his car to Suzy for $10,000 on the coming Sunday, to which Suzy agrees. They write down the details on a p

max2010maxim [7]

Answer:

Promissory estoppel

Explanation:

Promissory estoppel means that in legal tenet that a promise or pledge can be enforced by law, actually if formulated without legal consideration, if the George now the (promisor) has made a pledge to a Susy the (promises) who then depends on that promise for a subsequent detriment. So what Promissory estoppel is expected to do is to stop the (George) promisor from insisting that an underlying promise should not be legally authorized or implemented. So Susy can sue George on the basis of promissory estoppel and get a reward for George's disappointment

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3 years ago