Answer:
A capitalistic free enterprise economy has five important characteristics: economic freedom, voluntary exchange, private property rights, the profit motive, and competition.
Explanation:
Answer:
Check the Explanation
Explanation:
The median propensities to consume and save explains the fractions that are present in any total income that are consumed and saved, it also reveals the relationship between the total/average income consumed and saved; APC + APS =1.
The Marginal propensities to consume and save illustrates the contrasts of any modification in total income that are consumed and saved; MPC + MPS = 1
I believe the answer is: a. to enhance credibility
Personal experience would give the readers with a certain level of assurance that the writers at least know what they are talking about.
For example, let's say that there are two authors of a self defense book. The first author has an experience as a president's bodyguard while the second author is a full time web designer. Most people would most likely see the first author as the more credible one.
The Marshall Plan, also known as the European Recovery Program, was a U.S. program providing aid to Western Europe following the devastation of World War II. It was enacted in 1948 and provided more than $15 billion to help finance rebuilding efforts on the continent. The brainchild of U.S. Secretary of State George C.