Answer:
C) Unintended secondary effects and competition for transfers reduce the net gains of the intended beneficiaries.
Explanation:
Income transfers sometimes, not always, carry negative secondary effects that can offset the benefits they generate. Some of the most noticeable negative secondary effects are:
- Income transfers can reduce the incentive of people who earn low incomes to try to earn higher incomes. If they earn higher incomes then they will not be eligible to receive low income transfers. The only way to get out of poverty is to earn more money.
- By reducing some of the negative effects caused by poverty, income transfers also reduce the opportunity cost or making bad economic decisions like dropping out of school, drug use, dropping from the workforce, unexpected or unwanted pregnancies by teenagers, etc.
It is very difficult, if not impossible, to determine exactly at what point do income transfers start to hurt those that receive them or if they are always necessary. It all depends on what happens with every specific person, sometimes they are very useful and other times they aren't.
the answer is true because of the competition
Answer:
The Dodd-Frank Wall Street Reform and Consumer Protection Act
Explanation:
The Dodd-Frank Wall Street Reform Act, which President Donald Trump wants to dismantle, generated an arsenal of rules to avoid excesses of the US financial sector that unleashed the 2008-2009 crisis.
Voted in July 2010 on the impulse of then President Barack Obama, that law forces bank giants sometimes annually to tests that measure their resistance to financial crises. It is a way to avoid catastrophic bankruptcies like that of Lehman Brothers in September 2008.
Large banks also have to make a "will" that allows their orderly dismantling if they fail and cannot return dividends to shareholders without the permission of the Federal Reserve (Fed).
Answer:
$ 40,000
Explanation:
profits are obatined by substracting toatl expenses from total revenues.
i.e profits= Total revenue - total costs
in this case: cost of production = $ 10,000.00
selling price = $ 50,000.00
profits= $50,000-$ 10,000= $ 40,000