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hammer [34]
3 years ago
14

Ricardian equivalence:

Social Studies
1 answer:
V125BC [204]3 years ago
6 0

Answer:

Ricardian equivalence:

a. Occurs when people see that lower taxes today means higher taxes in the future, so instead of spending their tax cut, they save it to pay future taxes.

Explanation:

The Ricardian equivalence is a theory given by the English economist David Ricardo in the 19th century, where <em>he suggests that the fiscal deficit </em>(when the nation spends more than obtain) <em>doesn't affect the aggregate demand </em>(the possibility of the country to acquire products) by two reasons:

1. Finances the spend with more high taxes, it could occur in the present or in the future, but <em>if the people see that the taxes are low and the country is spending, they save money for the future higher taxes</em>.  

2. increasing external debt.    

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Answer:

Asia

Explanation:

Hope this helps

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Discuss the historical context of the drafting and ratification of the US Constitution. What historical events and circumstances
madam [21]

Answer:

The desire for a new Constitution was borne out of some of the lapses of the Articles of Confederation which produced a weak central government.  In 1787, representatives from 12 states from the existing 13 states in the United States converged to draft the new U.S Constitution. Several deliberations were made to form a better and stronger system of government. However, two alliances were formed at that time as a faction. One was the Federalists and the other was the Anti-Federalists. The Federalists were led by Alexander Hamilton, John Jay, and James Madison. They wanted a sizable amount of representation in government among states based on their population.  

During the process of ratifying the Constitution, the Federalists argued that the Bill of Rights need not be part of the Constitution. They believed that with the addition of the Bill of Rights, the rights of citizens would be affected negatively and less protected.

The Anti-Federalists, on the other hand, wanted the same representation in all states. This alliance was led by Patrick Henry. They argued for the Bill of Rights and was against every move to establish a new Constitution, on the ground that, the constitution will give more powers to the National government and this will be detrimental to the citizens' rights.

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4 0
4 years ago
Two ethical behaviors governing: Parents behavior in front of their children:
lisabon 2012 [21]

Answer:

- Always handle your conflict like adults in front of your children.-

- Do not force them to make your dream into reality.

Explanation:

<u>- Always handle your conflict like adults in front of your children.-</u>

Children learn through observation. They see every single behaviors that they parents do and adopt it into their onw.

If the parents constantly being hostile to one another when they're engaged in a conflict, the children will pick up this behavior and become more likely to do the same thing with they're grown ups

<u>- Do not force them to make your dream into reality.</u>

one common mistake that parents often do is believing that their children is the extension of themselves. they wanted the children to achieve the things that they wanted to achieve in the past but fail to do so.  As a parents you need to let your children pursue their own interest and give support for them.

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Family. sets values, basic attitudes, self-image.

Mass media. Displays role Mandela for children to imitate.

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