Answer:
An efficient allocation of resources is: That combination of inputs, outputs and distribution of inputs, outputs such that any change in the economy can make someone better off (as measured by indifference curve map) only by making someone worse off (pareto efficiency).
Thunderstorms usually occur at cold fronts.
"To make Rules for the Government and Regulation of the land and naval Forces;"—U.S. Constitution The power described in this quote belongs to the national government.
<u>Explanation:</u>
Since the federal government was dependent on the will of the US, The principle "limited government" was introduced by the Articles of Confederation .A legislative branch that is stronger, executive branch that is weaker was created by it without any judicial branch.
The three branches of US government was described in the first three articles of the U.S. Constitution through the "separation of powers" principle. Since all these things are related to the constitution of a nation, US, the given quote belongs to the National Government.
Answer:
The equilibrium quantity of loanable funds to rise and the equilibrium interest rate to fall.
Explanation:
In order to understand this question,let us define one or two terms in the question. I will start with net tax. So, what is net tax?.
Net taxes shows how or is a measurement of how taxes flows in and how taxes flows out . Assuming in a specific country, let us say country A collected taxes which amounts to $5 billion in the year 2018 and in that same year the country spent $4 billion on expenditures and things like that, then the net taxes = $5 billion - $4 billion = $1 billion.
So, let us go back to the question. We are told that the expenditures on goods and services and net taxes both decrease and expenditures fall by more than net taxes the effect of this on budget deficit is that the equilibrium interest rate falls.