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Dmitry_Shevchenko [17]
2 years ago
6

What is the purpose of government?

Social Studies
1 answer:
Alika [10]2 years ago
3 0
“Government in a democracy is essentially a conservative institution. It is responsible for creating and sustaining markets, enforcing contracts, protecting private property, and producing systems of education and infrastructure that allow commerce to function efficiently.”
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In order for the relationship between price and quantity demanded to shift, (known as the level of demand), the thing that would need to take place is that Consumer income increases.

<h3>What is the Understanding of Quantity Demanded?</h3>

The price of a product or services and that of quantity demanded for that given product is known to have an association that is said to be an inverse relationship.

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