Answer:
Tariffs mainly benefit the importing countries, as they are the ones setting the policy and receiving the money. The primary benefit is that tariffs produce revenue on goods and services brought into the country. Tariffs can also serve as an opening point for negotiations between two countries.The increased production and higher price lead to domestic increases in employment and consumer spending. The tariffs also increase government revenues that can be used to the benefit of the economy. All of this sounds positive.
Explanation:
Answer:
Through appointments to the Board of Governors
Explanation:
<u>The president most directly influences the Federal Reserve System through appointments to the Board of Governors.</u> The Board of Governors is the main governing body of the Federal Reserve. Members of the board of governors serve 14-year terms and are nominated by the President of the United States.
This is what I could fine on your question
Answer:
rare event rule
Explanation:
Rare event rule: It states that if any assumption is made and the likelihood of a certain noticed event is quite small, then the assumption is likely to consider as incorrect. In other words, this is very unlikely to happen or occur, and is measured as a probability. So, a rare event is an event having a small probability of existence.
The fundamental assumption of inferential statistics work with rare events, and because of this probability is used so broadly.
