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mina [271]
4 years ago
15

According to the Austrian business cycle theory which of the following is true about the economy?

Social Studies
1 answer:
valentinak56 [21]4 years ago
4 0

Answer:

D) All of the above

Explanation:

This theory was created by the Austrian School in order to explain and understand the market growth based on the credit increase proposed by bank institutions (a central bank). In other words, this theory arguments that the economic cycles, especially financial crisis and recession, are caused by the "creation" of the money. How this money will be used and the result of this application is the central concern of this theory.

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Read the scenario below and then answer the question. Sample scenario: Scientists have created a new grass seed that stops grass
Andre45 [30]

The answer is<u> "a good with an elastic supply"</u>


A good or service has an elastic supply when the rate change in the amount provided surpasses the rate change in cost. By and large the supplier can react rapidly to a value change.  

Elasticity of supply is estimated as the proportion of proportionate change in the amount provided to the proportionate change in cost. High elasticity demonstrates the supply is touchy to changes in costs, low elasticity shows little affectability to value changes, and no elasticity implies no association with cost. Likewise called value elasticity of supply.

5 0
3 years ago
Read 2 more answers
Which of these is the best way a citizen can show their displeasure with an elected official
Blizzard [7]

Answer:

The U.S. Government provides a public database of contact info for your elected officials. Use it.

As Emily Ellsworth suggests in a New York Times article, phone calls from constituents are often more effective than emails because emails are depersonalized and easily ignored amid other overwhelming requests for contact.

Further, a strategically planned group call has the potential to inundate office phone lines and force a representative to issue a statement to help clear out communication channels. Ellsworth consolidated her six years of experience as a congressional staffer into "Call the Halls," a guide to effectively contacting representatives.

Your representatives will hold local Town Hall events or Q&A sessions where the public is encouraged to attend and voice concerns -- these events are part of their gig. (Think: Leslie Knope's public meetings on Parks and Rec.) You can usually find info about when are where these are set to take place on local official websites or your representative's website.

Explanation:

Hopw I helped!

-RosemaryAndStaras

8 0
3 years ago
How do countries get along if they practice détente?
horsena [70]

Answer:

Both countries stood to gain if trade could be increased and the danger of nuclear warfare reduced. In addition, Nixon–a candidate for reelection–was under fire at home from those demanding social change, racial equality, and an end to the Vietnam War. The trip to Russia, like his historic trip to China a few months earlier, permitted him to keep public attention focused on his foreign policy achievements rather than his domestic problems. Nixon’s trip to China had also heightened the Soviets’ interest in détente; given the growing antagonism between Russia and China, Brezhnev had no wish to see his most potent rivals close ranks against him.

Hope this Helps

4 0
4 years ago
At which 1781 battle did the Patriots record a sound victory against the British by outsmarting them, ultimaltey forcing Lord Co
user100 [1]
At the battle of Yorktown in the year 1781, the Patriots recorded a sound victory against the British by outsmarting them, ultimately forcing Lord Cornwallis to leave the colony for good. General Charles Cornwallis surrendered along with 8000 British soldiers and seamen to the French and American force.
5 0
3 years ago
Brock decides to reduce his long-term care policy's lifetime maximum benefit, which will decrease the premium and make the cover
Vlad1618 [11]

<u>Answer: </u>

The practice of reducing the insurance premium in order to make the coverage more affordable is known as 'loss control'.

<u>Explanation: </u>

  • In some cases, an insurance cannot be claimed as it is modified and agreed on certain terms and conditions. In such cases, the one who holds the policy has to possibly face a loss.
  • In order to reduce such loss that may possibly occur from the policy, the policyholders choose to do loss control by choosing to reduce the benefit, which in turn decreases the amount of premium to be paid.
6 0
3 years ago
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