Slave traders viewed humans lives as dogs. Because slave traders only wanted humans to work for them and do there dirty work. They did not think anything of there value of life.
Answer:
The intuition behind the real wealth effect is that when the price level decreases, it takes less money to buy goods and services. The money you have is now worth more and you feel wealthier. So, in response to a decrease in the price level, real GDP will increase.
Explanation:
