It should be B are determined by the constitution hope this helps
Answer:
a. some resources are not available from within, so they have to be bought from other nations.
Explanation:
The budget deficit itself is an easily understood term. This third refers to the fact that a country spends more than it collects. That is, the tax paid by the population is not enough to cover the country's debts and expenses. This generates several bad results for the economy of the country, one of these results is that the country starts to stop producing some resources, and buy from other producing nations.
Many developed countries can manage to generate deficits year after year, one of the explanations for this is that they have some confidence in the market, but for those developing countries that do not have as much market confidence generate a deficit. Budgeting can be a real nightmare.
The answer to your question is a man named Levi Straus
When markets fail to clear and achieve their final equilibrium point, they are said to be in disequilibrium. Disequilibrium might develop if the price was lower than the market equilibrium price, causing demand to exceed supply, resulting in a shortage. Government regulations, non-profit maximization actions, and 'sticky' prices can all cause disequilibrium. The demand (Q1) is greater than the supply (P1) at a price of P1 (Q3). As consumers try to get the limited supply, this disequilibrium will result in a shortage (Q1-Q3) and long lines. In a free market, you'd expect businesses to deal with this imbalance by raising prices to ration demand.
Causes of disequilibrium
- Sticky prices: Firms may be committed to maintaining the same price for the entire year. As a result, if demand rises over the season, there will be a shortage because the company does not want to continuously changing pricing — especially when demand is erratic. There are menu costs in adjusting pricing, but they can also upset customers by raising prices constantly.
- Social factors: Firms may intentionally keep prices low because they believe they have an obligation to the community - for example, landlords not raising rent, or football teams not raising ticket costs.
- Non-profit maximizing decisions: Individuals are assumed to be rational and endeavor to maximize utility in economics. Other forces, though, are at play in the real world. Ub3r, for example, uses 'surge pricing,' which allows the price to climb in response to high demand, encouraging more drivers to work. However, this might mean that in the event of a natural disaster, Uber appears to be profiting from 'unfairly high' costs. Uber's algorithms have been adjusted to override these equilibrium prices.
- Government controls: ex maximum or minimum prices or government regulating prices, ex train tickets limited by rail regulators.
<h2>
Price above equilibrium</h2>
In other circumstances, the price may be set higher than the equilibrium price, resulting in a surplus of supply. At P2, supply exceeds demand, implying that businesses have surplus inventory they can't sell. There is a Q3-Q2 surplus. In a free market, the market price should fall to P1, where demand equals supply.
Rosie the Riveter<span> is a cultural icon of the United States, representing the American women who worked in factories and shipyards </span>during<span> World </span>War<span> II, many of whom produced munitions and </span>war<span> supplies. These women sometimes took entirely new jobs replacing the male workers who were in the military.</span>
