A diverse society has many different experiences and cultures. Many good ideas can become of a diverse society in order to bring about positive change and new opportunities for an increasingly different community. Diversity can also have challenges. Many cultures have ideals and beliefs that can prevent successful communication between the different parties.
Answer: The placebo effect
Explanation: The placebo effect is defined as a phenomenon in which some people experience a benefit after the administration of an inactive substance or sham treatment. What exactly is a placebo? A placebo is a substance with no known medical effects, such as sterile water, saline solution, or a sugar pill.
Answer:
When interest rates are cut, there is an increase both in spending on durables and net exports. Both channels lead to higher aggregate spending and thus higher output.
Explanation:
The answer would be extra utility.