Answer:
An efficient allocation of resources is: That combination of inputs, outputs and distribution of inputs, outputs such that any change in the economy can make someone better off (as measured by indifference curve map) only by making someone worse off (pareto efficiency).
Answer:
- On average, a member of the U.S. House currently represents 710,000 residents.
- Shifts in population may result in a gain, loss, or maintenance in the number of representatives allocated to a particular state.
Explanation:
The United States Congress is the federal body responsible for the legislative power of the country, that is, it is through this organ that all laws in force in the country were established, debated, voted, edited and approved. The congress is divided into two legislative chambers the Senate and the House of Representatives. The Senate has more significant power within the Congress, although the House of Representatives has less power, it is this chamber that represents the residents of each American state. Currently (2019), on average, a US House member represents 710,000 residents. In addition, changes in population may result in gain, loss or maintenance in the number of representatives allocated in a specific state.
Answer:
B. Shondra can create and review flashcards to help her remember key terms mentioned in the chapters.
Explanation:
I believe creating flashcards is the effective technique to remember the key terms and important points of the chapter. In addition to that it keeps the student motivated for learning. Despite of getting bored by the lengthy chapters, make the process of learning interesting by creating flashcards.
Answer:
B
Explanation:
When you're having a conversation you look at that person. When you go to look away that means that conversation is remotely over, most of the time anyways.
1. Answer: People didn't have to trade goods.
Explanation:
With a unitary currency, trading goods became easier. It also allowed people to have a standardized form of trading, where each commodity had the same value for everyone. Also, money it made possible for people not to have goods and still trade and buy stuff. It also allowed them not to carry their commodity around when they wanted to trade. Money was a precondition for open market and competition. Money was a starting point for credit system and banking.
2. Answer:
Paper money was easier to handle and carry around. It is also fictional because, it has no other value, but the value people gave it in order to recognize it as an official form of money. It is originally issued by banks, and is a legal requirement for buying commodity. First paper money originated in South-East Asia and China. A disadvantage for paper money is that it makes inflation possible, which is made financial crises, because the money loses all of its value.
3. Answer:
The best thing to put on the coin is a symbol of the state - a government's house, or some former leader - founding father of the country. This symbol should be on the back of a coin, while on the front there should be the amount of money this coin represents. While coins nowadays represent small amounts of money, there should be a denomination of 1 or 2 on the front side of the coin.
