By definition, the word "scarcity" is an economic problem which mainly revolves around on the idea that the limited resources a state has are not sufficient in providing the needs of the people. In addition, one of the measures done by the government to address this problem would be to by "<span>choosing options that best match supply with demand."</span>
Answer:
<em>Many students who want to study in the United States can go with a student's visa, which is classified as non-immigrant status. </em><em>This visa does not allow a foreign student to become a permanent resident of the United States of America, however.</em>
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Answer:
<u><em>He wanted to promote and pass laws that were small-business friendly.</em></u>
Explanation:
- Reagan's economic point of view was very different from others and was based on four pillars.
- These pillars were based on the reduction of government spending, reduction of federal income and capital tax, deregulation of government regarding economic issues and focus on the supply of money to control inflation problems.
- <em>His policies were called Reaganomics.</em>
- Most of his policies till today are debatable.
- He passed many laws. One of his most famous laws is <u>Tax Reform Act of 1986</u>.
- This Act not only decreased taxes but also trimmed down the tax breakage.
Answer:
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Explanation: