The correct answer is the first option: one consequence of stagflation is that the economy drastically slows down as money loses its buying power.
Stagflation is known as an economic problem that occurs when there are rising inflation and unemployment which causes money to lose its original value. Thus, spending declines and loses its buying power too.
Answer:
O Airplanes
Explanation:
Airplanes provided the most significant surveillance of the enemy land forces because through aeroplane we can see all the activities carried out by enemies against us. There are certain devices and instruments which can be installed on the aeroplane in order to collect data about the surveillance of the enemy land forces when the airplanes passes over the area of the enemies.
Answer:
B. Labor is one of the three resources of production, like land or capital.
Explanation:
The factors of production are the goods or services that are used to produce more goods or services. The production factors currently tend to be: land (natural resources), work (time that people spend on production), capital (durable goods used to manufacture other goods or services) and technology (knowledge and applied techniques that allow the modification of the The last factor was recently included).
Answer:
China is the world's most populous country with a rapidly growing economy, an expanding political presence, and at the beginning of the 21st century, 1.3 billion people lived there. ... Despite its image of prosperity, it is fast becoming one of the world's most unequal societies.
Explanation:
