Answer: Tariffs and quotas
Explanation:
Tariffs and quotas are firms of trade protectionism that are used to control the amount of goods brought into a country. While quotas are taxes on imports, quotas are limitation on the number of goods imported.
Tariffs and quotas will affect economic growth because when there's limitation to the amount of imports, will affect the gross domestic product negatively.
Answer:
1550 - 1750
Explanation:
The primary mining centers in colonial Spanish America were Potosi in southern Bolivia, and Zacatecas and Guanajuato in northern Mexico. Measured in current dollars, silver worth tens billions of dollars was extracted and shipped to Europe during colonial times, but currently those places are extremely poor.
Answer:
paradigm shift
Explanation:
Based on the information provided within the question it can be said that this is an example of a paradigm shift. This term refers to a fundamental change within an a company's or entity's set of discipline or norms of it's basic concepts. Which in this scenario adding same day home delivery drastically changes the basic concept of an in person organic food grocery store as people are able to order online and never have to set foot into the store. Which may even lead the store to close their brick and mortar store and function strictly online.
Answer:
c. $400 billion
Explanation:
Calculation to determine what an initial increase in aggregate demand of $100 billion will eventually shift the aggregate demand curve to the right
First step is to calculate the GDP Multiplier
Using this formula
GDP Multiplier=1/(1-MPC)
Let plug in the formula
GDP Multiplier=1/1-0.75
GDP Multiplier=1/0.25
GDP Multiplier=4
Now let determine the shift in aggregate demand curve
Shift in aggregate demand curve=4*100 billion
Shift in aggregate demand curve= $400 billion
Therefore an initial increase in aggregate demand of $100 billion will eventually shift the aggregate demand curve to the right by $400 billion
Answer:
The correct answer is A
Explanation:
Money is an unit of economic which functions as usually recognized medium for the exchange for the purpose of the transactional in the economy. It provides the service for decreasing the transaction cost.
So, money refer to the kind of wealth, which is regularly accepted by the sellers in exchange for the services and the goods.