The economic term for this is "opportunity cost".
Opportunity cost is the cost of the options that one is not choosing. This means that if one has to choose between A and B, opportunity cost is the cost of "giving up B" when one chooses A.
Answer:
The correct answer is D) Lower tax rates, lower resource prices, and decreased government regulation.
Explanation:
Supply-side economics policy focus on the supply. It tries to boost production so that consumer benefit from more goods at a lower price.
Supply-siders believe that lower tax rates result in more economic growth, which in turn actually increases government revenues, a theoritcal position known as the Laffer Curve.
Supply-siders also believe in deregulation. They find regulations to be an obstacle, especially for small businesses.
Answer:
24 time zones. The world is divided into 24 time zones.
Explanation:
hope this helps
Answer:
Three-quarters of the U.S. debt is the Treasury bills, notes, and bonds owned by the public. They include investors, the Federal Reserve, and foreign governments. One-quarter is the Government Account securities owned by federal agencies
Explanation:
"extolled" means to praise some thing highly.
