<span>b) The nominal interest rate falls as the country's price level falls.
</span>
Roads, schools, and
emergency services are funded by the government through the taxes.
Explanation:
Government collects taxes for the functioning of the government machineries. The reasons the taxes to be collected from the citizens of US are listed in the Article I, Section 8 of constitution of US. The three main types of taxation are as follows namely,
1. Progressive tax
2. Regressive tax
3. Proportional and flat tax.
Taxes are levied on the property, sales, income, dividends, imports, capital gains, payroll, gifts or estates. Eritrea and USA are the only countries that taxes non-residents on worldwide income as much as they tax the residents.
Answer:
Deregulation
Explanation:
<em>Deregulation when the government power is reduced or eliminated from a particular industry in order to make business easier and less restrictive.</em>
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Student Loan:
- borrowed money that needs to be repaid
- part of credit history
Grant or Scholarship
- given on the basis of financial need
- Given based on academic achievement and financial need
The major difference between loans and scholarships is that loans will have to be repaid and scholarships do not.
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