Many countries have constitutional requirements that their budgets be in balance (or in surplus) in any given year, but this is not true for most governments. Why might it make sense

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A: In 2020 healthcare expenditure is 19.7 % in America

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A: Given:  Data for the country of Murray :  GDP = $2000, Exports= $400 Imports=$300

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A: Correct Answer (e) Prices are sticky and do not adjust quickly during economic downturns Because…

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A: The sustained rise in the production of goods and services is called economic growth.

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A: Inputs are complement when they are used together in a given proportion.

Q: AmonopolysellsitsproductinboththeU

A: Answer given below,

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A:

Q: What does it mean by global governance? What is its most important principle? Why?

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A: Explicit costs are out-of-pocket expenses whereas implicit costs are opportunity costs.

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A: Dear learner you have posted multiple questions, as per our policy we have solved only first…

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A: Answer is given below

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A: We use the inverse elasticity rule here.  Which is: (P - MC)/P = 1/elasticity So here we have (P -…

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A: Role of government in promoting entrepreneurship in the Philippines  Explaination of program by the…

Q: Draw a graph to show the breakeven point, shutdown point and supply curve.

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A: "Since you have asked multiple questions, we will solve first question for you .. If you want any…

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A: Given; Estimated manufacturing overhead cost= P300,000 Estimated activity level of direct labor…

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A: The interest rate is the sum a bank charges a borrower and is a level of the head the sum advanced.