Answer:
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Answer:
The correct way to answer the question: According to the theory of new classical economics, if business sentiment and investment spending decreases, the aggregate demand curve: shifts to the left and the price level falls, while aggregate output: decreases.
Explanation:
The balance of an economy, anywhere in the world, is pretty complex thing. In order to understand both the short-term, and long-term ways in which the economy of a country may respond to different factors, but most especially to GDP, which is the measure of how much, and how well, a country is producing and supplying a demand for certain goods and services, it is necessary to understand both a theory known as the short-term Keynesian analysis and also the neoclassical theory of economics, which applies to long-term macroeconomics. In the case shown above, the point of start is the potential GDP, which will mark the real GDP of a country. The second point is the aggregate supply and demand markers that indicate how an economy is doing with respect to potential GDP. If investement is not placed into an economy, and business sentiment decreasese, it means that productivity will drop, and the aggregate demand curve turns to the left as many other factors are also driven down. Since aggregate output means the amount that is produced in goods and services, the lesser the business interest and spending, the lesser production there will be.
Answer:
Republic: "A state in which supreme power is held by the people and their elected representatives..."
Democracy: "A system of government by the whole population or all the eligible members of a state, typically through elected representatives."
Explanation:
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Based on the two articles you read, A person would have less privacy is <span>might google's mission to give everyone access to as much information as possible be controversial</span>
The bakers that are in charge of baking the bread represents the labor factor of production. They are the ones who makes it possible for the bakery to earn revenue.
Land is incorrect since bakers are people so they would not be counted as the land factor of production.
Capital is incorrect since capital stands for capital goods and capital goods are man made objects, humans are not built by humans so therefore they are not capital. However, they can also be known as human capital for the human workers in which the entrepreneurs have invested in.
Entrepreneurship is incorrect since the bakers are merely employees, they were hired and did not in fact start the bakery business.
Therefore, the answer is B. labor.
