Answer:
Trade-offs: Gaining some enjoyment is worth giving up some safety.
Explanation:
Opportunity cost also known as the alternative forgone, can be defined as the value, profit or benefits given up by an individual or organization in order to choose or acquire something deemed significant at the time.
Simply stated, it is the cost of not enjoying the benefits, profits or value associated with the alternative forgone or best alternative choice available.
The Big Idea Stefan is using is trade-offs: gaining some enjoyment is worth giving up some safety.
Some things the Romans did for fun were horrible. They enjoyed fights between gladiators, and fights between people and animals. These bloodthirsty shows were put on in front of crowds in large arenas called amphitheatres. Roman emperors paid for free shows at theatres and amphitheatres.
Answer:
Relational testing
Explanation:
Relational testing refers to subjecting a relationship to series of test in order to know if a relationship is meant to last. These tests are aimed at developing relationships and ensuring compatibility between partners.
Example of relational testing includes the money test, desirability test, family test, loyalty test, self test, in-sickness test, and communication test. Relationship growth and survival will be determined if partners passes or fails these tests.
Mountains were a barrier for settlers travelling in North America
Answer and Explanation:
Phelps criticized Friedman's position, because he said it was totally irrelevant to analyze the tax functions of inflation without assessing product demand, as Friedman suggested in his theory. He stated that this would only be possible if there was a way to predict an optimal rate of inflation in different situations of demand and supply, otherwise, in Phelps' words it would be the same as "Professor Friedman gave us Hamlet without a prince".
Phelps' positioning would be better considered by the RBC model, since this model is based on real and not imaginary facts.
