Answer: B
The government cannot control interest rates and that is the reason is why the government cannot completely control the business cycle. This is so because interest rate controls the rate of consumer spending, borrowing and spending. Say interest is low, people will borrow more and spend more and this will have an impact in the rate of employment. Hence, in short if the government cannot control interest rate, everything depending on it, the economic cycle cannot be determined.
Answer:
They became closer to the west indies and Barbados
<h3>
Explanation:</h3>
- The search for a viable labor force affected the development of the southern colonies because they became closer to the west indies and Barbados, as those are the countries they traded slaves with
<h3>What was the main labor workforce in the southern colonies?</h3>
- The economy of growing cash crops would require a labor force that would be unknown north of Maryland.
- Slaves and indentured servants, although present in the North, were much more important to the South. They were the backbone of the Southern economy.
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Answer:
The correct answer is option b.
Explanation:
The elasticity of supply for a good is generally higher in the long run as compared to the short run. This is because a firm is able to expand its production more in the long run.
In the long run, all the factors are variable, so production can be increased to a greater extent. In the short run, a firm can increase only the quantity of labor employed to increase production.
Also, firms cannot enter an industry in the short run but they can in the long run. This implies that the overall production in the industry can be increased more in the long run.
Answer:
I did not .ñunderstand a da.mn.
Explanation:
traducelo
I think the correct answer from the choices listed above is the third option. Price ceilings are often established in order to keep products affordable for consumers. <span>A </span>price ceiling<span> is a government-imposed </span>price<span> control or limit on how high a </span>price<span> is charged for a product. </span>
