Answer:
Traditional Stage
Explanation:
In the traditional stage, most of the occupation of the population is always agriculture, the people are over reliant on the finished goods of other countries because of their lower wealth and most of the population is living in the rural areas, which is the case here. As it seems that the country is struggling to achieve a take-off stage because it is trying to attract foreign investment (An American company has invested in Oil reserves extraction), so we can say that it is still in the traditional stage because it hasn't increased its home demand for technology, infrastructure development, production increases, greater trade with other countries, etc which are the characteristics of the take-off stage.
The answer is Public debt includes debt that is held by the social security Administration.
Public debt is the total amount, including total liabilities, borrowed by the government to meet its development budget.
What is Public debt?
- Public debt has to be paid from the consolidated fund of India. It is also used to refer overall liabilities of central and state governments, but the union government clearly distinguishes its debt liabilities from the state.
- The sources of public debt are dated government securities (G-Secs), treasury bills, external assistance, and short term borrowings.
- However, if the public debt is calculated as government liabilities, which also includes the liabilities of states.
To learn more about Public debt
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Setting your priorities could be a primary third desicion when it comes to making financial decisions.
The Bank of King's Landing would realize an unexpected benefit when the actual rate of inflation is lower than the expected rate of inflation.
<h3>Effect of Change in Inflation Rate on Lending</h3>
In monetary economics, when the actual rate of inflation is lower than projected, the lender or bank benefits since it is similar to receiving a bonus.
The lender or the bank, on the other hand, will lose if the rate of inflation is higher than predicted.
As a result, when the actual rate of inflation is lower than the forecast rate of inflation, the Bank of King's Landing will gain unexpectedly.
The reason for this is that the amount they receive will be worth more than they anticipated when they made the loans to the lords of Winterfell.
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