I would say true because this was the time of "boom", as we called it.
A lot of mass production and all that ( More making cars, food, and lots more )
After that, however, was around the Great Depression, when lot's of things and people were lost.
Glad I could help, and good luck!
Answer:
to promote and secure civil rights for Muslims.
The economy operates according to the law of supply and demand for goods and services. According to this theory, the interaction between supply and demand for a good or service fits and the vector of adjustment is price.
If the price is high, there is more supply than demand. If the price is low, there is more demand than supply. If demand increases, price increases and supply increases. If demand falls, the price falls. That is, the price makes the interaction. There will be a moment where the quantity offered is exactly equal to the quantity demanded, at which point the price practiced is the equilibrium price.
So if an economy is in equilibrium at a time and then the price charged is higher than the equilibrium price, it means that demand has gotten higher than supply.
<u>However, none of the alternatives would explain why a price is charged above the equilibrium price.</u> <u>The answer is the reverse of what is written in alternative (A)</u>. The truth is this: As the quantity demanded rises, the price rises above the equilibrium price. <u>This is the answer</u>.
The alternative (B) is true, although it does not answer the question of the problem. If prices rise, demand falls. This is because the high price discourages consumption.
BTW, I'm an economist and I'm sure.
Answer:
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Explanation:
Humanism- A focus and study of ancient Greek and Roman texts and ideas.
Secularism- Not having to do with religion, a focus on non-religious matters.
Realism- An accurate potrayal of life and people, it shows life and people as they really are.
Answer:
how is the U.S. government an example of a federal system? The United States is a federal system because power is divided between a national government and 50 state governments. ... Powers of the government that is not fully explained in the Constitution but is implied in order to carry out expressed powers.
Explanation:
