Answer:
the wage will increase
Explanation:
the relationship between supply and demand is pretty straight forward, if there is low supply, i.e. not enough geologists, and high demand, i.e. oil industry needs geologists, then the value of the geologists increases because the oil companies will compete to see who can hire them, a simpler way to think about it is if 2 companies need a geologist, and only 1 is available, the two companies have to compete for the 1 worker, thus they each one may keep increasing their offer to get the employee to join their company, offering more money, better benefits, etc, conversely, if there are way more geologists than then there are jobs available, the value of the geologist will decrease, companies may be able to offer less money for the job because the geologists will have to compete with other geologists to get a job, the supply is greater than the demand
Answer:
Whiskey generated so much income, that when the new nation struggled under the weight of Revolutionary War debt, Treasury Secretary Alexander Hamilton proposed a tax on domestic liquor as a means of paying it off. Congress passed the legislation, but as Loyola University-trained historian Peter Kotowski explains, the tax soon met strident opposition.
To small farmers and distillers on the frontier in western Pennsylvania, whiskey was a means of financial survival, and they weren’t about to share their hard-earned money with the federal government. They refused to pay, and began tarring and feathering tax collectors and seizing their records at gunpoint in what became known as the Whiskey Rebellion.
President Washington—who himself later made whiskey in a distillery at Mount Vernon after he left office—initially tried to quell the uprising with a 1792 proclamation that admonished the farmers to comply. But two years later, after the malcontents set fire to the Pittsburgh home of a tax official, Washington didn’t have much choice but to respond with force.
Fiscal policy that the government might use to respond would be to reduce taxes and increase spending.
Monetary policy that might be used would be to increase money supply and reduce interest rates.
Foreign policy that the government might use would be the imposition of import tariffs or quotas to reduce the import of the cheap cars.
<h3>How would the government respond to the recession?</h3>
The government's fiscal policy would focus on getting the nation out of recession and so they would increase government spending while reducing taxes to put more money into people's pockets.
This will also be the goal of the monetary policy which would increase money supply and reduce rates. The lower rates will allow automobile companies to access loans that they can use to produce cheaper cars.
Foreign policy would try to reduce the number of those inexpensive cars coming into the country and so import restrictions like quotas and tariffs would be applied.
Find out more on import restrictions at brainly.com/question/12273928.
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Answer: Mostly defending familiar territories
Explanation: I got u fam