Answer:
b. unlimited wants and limited resources.
Explanation:
There are different definitions of economics. Some say it´s a science that studies the production, distribution and consumption of good and services. Another definition refers to the theories and models that govern the market process. But definitely, economics must strike a balance between a society´s wants - that may be unlimited - and the limited resources available.
Answer:
D). The Federal Reserve.
Explanation:
As per the question, the 'federal reserve system' is the agency that is responsible for supervising the money supply in the United States. It is stated as <u>U.S.A's central banking system that it has a number of responsibilities to fulfill</u>. The primary responsibilities include the supervision of financial institutions, regulating the money supply in the economy, fiscal agent of the government of the United States. etc. Therefore, it primarily works for ensuring a stable, flexible, and guarded monetary as well as the financial system. Thus, <u>option D</u> is the correct answer.
Answer:
The correct solution will be "helping to create
".
Explanation:
- The principle of social identity discusses how well the idea of self is linked to cultural identity and community and intergroup behavior.
- Social Identity Theory identifies community identity and culture of recognizing, defining, and assessing individuals as individual and groups, however, describes cognitive, psychological interactive, including societal mechanisms that interact to create accepted theory behaviors.
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House of Representatives and the Senate