Inflation can decrease __, which reduces the reduces the amount of goods and services a person can afford

1 answer:

8 0

Inflation is the situation in which the same amount of money is worth less- meaning that it will have less purchasing power (so one can buy less for 100 dollars now than 10 years ago) - the correct answer is "purchasing power". Lower purchasing power reduces the amount of goods that people can afford.

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Why were the aryans important?

babunello [35]

Answer:

Unlike any invasion to threaten India, the Aryans forever changed Indian culture.

Explanation:

The Aryans brought new technology and innovations into India. This is important because it increased trade. They used a barter system rather than a monetary system. They also brought new gods and scriptures called Vedas which led to Hinduism.

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4 years ago

Which country has the same government as South Africa?

Snezhnost [94]

Answer:

Albania, Armenia, Austria, Bangladesh, Barbados, Bosnia and Herzegovina, Botswana, Bulgaria, Croatia, Czech Republic, Dominica, Estonia, Ethiopia, Fiji, Finland, Georgia, Germany, Greece, Guyana, Hungary, Iceland, India, Iraq, Ireland, Israel, Andorra, Belgium, Cambodia, Denmark, Japan, Lesotho, Luxembourg, etc

Explanation:

There are several countries with the same government as South Africa. South Africa has two government systems, a Constitutional republic, and a Parliamentary republic, so technically, the. countries stated above have either a Parliamentary republic or a Constitutional republic as their government system.

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3 years ago

Match the scenarios with the economic concepts they illustrate. positive externality substitution effect negative externality in

inysia [295]

Positive externality: is a positive side-effect that is generated by the economic activity, in other words,by the process of production or consumption of goods and services aimed to satisfy human needs. Initially it is not an objective of such activity, but indeed is a consequence of it. For example, if a person decides to walk to work less pollution is generated and this is positive for everybody.
Negative externality: negative side-effect generated as a consequence of the economic activity. For example, when an industry manufactures a good it might be at the same time polluting the air with its fumes.
Substitution effect (SE): the law of demand indicates than when the price of a good or service is modified, the quantity demanded changes, generally in the opposite direction. Therefore, the substitution effect is the part of the variation of the quantity demanded that takes place due to the change in the relative prices. For example, if the price of a product rises, the SE is due to the fact that the product mentioned has become more expensive than before if compared to other goods, and part of the consumers that constitute the demand might decide to substitute the expensive good for other similar cheaper good.
Income Effect (IE). Is the other effect that takes place when price modifications affect the quantity demanded. Is the part of the variation of the quantity demanded that takes places due to the modification of the real income and the purchasing power enjoyed by consumers when the prices are modified. If the price of a product increases, the real income, the number of units that the consumer can purchase, changes.

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4 years ago

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7. This system limits the government's power and protects our right

Alenkasestr [34]

Answer:

system of checks and balances

Explanation:

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3 years ago

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since she has what costa and mccrae would classify as a "highly extroverted" personality, you would expect that samantha would

AlladinOne [14]

since she has what costa and mccrae would classify as a "highly extroverted" personality, you would expect that samantha would be described by others as<u> "loving the spotlight."</u>

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