Money will decrease, meaning that banks will give fewer loans and prices for goods and services will fall.
This is because higher interest rates means that it is more expensive to borrow money and therefore fewer people and businesses will request loans. This tends to put downward pressure on demand for goods and services which in turn tends to put a downward pressure on prices.
Hope this helps :)
Answer: Sharing economy
Explanation:
Sharing economy is an economic system whereby assets or services are shared between private individuals based on agreement reached by parties involved.
Answer:
The answer is - Einhorn decides not to steal according to the pre-conventional level where as Finkle decides not to steal according to the conventional level
Explanation:
Lawrence Kohlberg’s Theory of Moral Development is related to cognitive development and it states that there are three levels of moral thinking which we progress through that build on our cognitive development. It also proposes that there are reasoning behind moral choices.
There are three levels of moral development according to Lawrence Kohlberg. They are;
- The Pre-conventional Level- Children focus obeying external authority or higher authority figures such as parents or teachers because the Child's moral sense is yet to internalize with the society's conventions as regards what is right or wrong. Hence they focus on the consequences of their actions if they obey authority figures.
- The Conventional Level- In this level the child's moral sense is bounded by societal and personal relationships as they try to maintain positive relationships and societal order by accepting rules of authority figures.
- The Post-conventional Level -In this level people now believe that some laws are prejudiced and should be discarded.
In this scenario, Einhorn decides not to steal according to the pr conventional level because he is afraid of getting caught and punished. Finkle on the other hand decides not to steal because it i wrong and he wants to act in a way he would want others to act, this is the conventional level because he knows his right from wrong and is trying to maintain societal order by not doing what he would not want others to do.
What do you mean this is confis
