Answer:
A.
Explanation:
When the Fed wants to expand the money supply through open market operations, it purchases government securities from member banks. They do this in order to control the amount of money that travels through the countries banking system so they can move along with the monetary policies that they have in place.
Answer: C. Changes in the price level
Explanation:
In the long run only change in capital, change in the amount of labour and technological changes affects the level of aggregate supply because everything in the economy is assumed to be used optimally. Therefore, on a LONG RUN price level does not affect the level of aggregate supply.
Answer:
Tyrone's passive investment income tax is 120.000$
Explanation:
Passive investment income is income from the investments in which investor is not actively involved, like real estate investments, loans or dividends. Since income in this case is 200.000$ and expenditures connected to that income are 80.000$, taxable passive income is therefore 120.000$
At the most general level, the WTO <span>represents the most important and comprehensive trade agreement in history
The World Trade Organization structured a set of rules that needed to be followed for two or more countries to conduct an international trade, which expand the market potential for all countries in the world.</span>
Answer:
The correct answer is: reduce; price; supply; poor.
Explanation:
A tariff is a tax imposed on the import of goods and services from another country. A quota is a quantitative restriction on the imports.
Both tariff and quotas decreases the supply of imported products. This causes their price to increase. This increase in price reduces the consumer surplus for the domestic consumers.
In some cases where tariff is imposed on cheap goods that are consumed mostly by the poor consumers hurt them the most. Tariff in such situations become an example of regressive tax.
