For the first question, although Brian and Crystal are both economists, they still disagree. <span>The disagreement between these economists is most likely due to A. Differences in values. It seems that Brian puts more importance on economic efficiency while Crystal deems government programs necessary to help the less fortunate.
For the second question, d</span><span>espite their differences, the two economists chosen at random would most likely to agree to the proposition </span><span>B.Tariffs and import quotas generally reduce economic welfare. Tariffs are taxes placed on imported goods and services with the goal of restricting trade due to the resulting increase in price of these imported goods and services. This, in an economist's point of view generally reduces economic welfare. </span>
The _____ predicts that, when someone is kind to us, we will return their kindness.
norm of reciprocity.hope this hepls❤️
Answer:
Looting after disasters.
In armed conflict.
Archaeological removals.
Looting of industry.
Wealth redistribution
Explanation:
https://en.wikipedia.org/wiki/Looting
Answer:
$857
Explanation:
Calculation for the present value
Using this formula
Present value = FV / (1+ r)^ n
Let plug in the formula
Present value= 1,000 / (1+.08)^2
Present value= 1,000 / (1.08)^2
Present value= 857.34
Present value=$857 (Approximately)
Therefore the Present value is $857
Answer:
d. shifts in market psychology and successive waves of irrational exuberance.
Explanation:
Bubble in respect to financial market means an unexpected and non-explainable reason. This although the economists believes arises because of the emotional attachment and effects on an asset. As for example: when an asset is made using the specific raw material which is discovered to be precious in the terms it is ancient then, automatically the price of the asset increases in the market.
Thus, this is nothing but a market psychology that is basically an effect of emotional concerns of individual mindset, which is irrational.
This theory is explain by Keynesian the economists.
