The Powhatan are people of the Northeast Woodland Native American cultural group
Answer:
The answer is meritocracy.
Explanation:
This concept is used to describe a society in which individuals are rewarded according to their talent and effort.
Early definitions considered merits such as intelligence or moral qualities; modern definitions include college degrees as an example of meritocracy, as the level of achievement could be measured by grades. However, some deem this instance to be imperfect because many people cannot attend college due to expenses, among other factors.
According to Gregory Mankiw, a US teacher and economist, this example would demonstrate the economic principle of "the significance of opportunity cost in decision making". Martina had to give up going to restaurants in order to continue travelling by taxi. She probably compared the cost and benefits of packing lunch vs going to a restaurant before taking the final decision.
CPI is more commonly use than GDP deflator as a gauge of inflation because the former is <u>much better in reflecting the goods and services bought by consumers</u> than the latter.
But what is CPI and GDP?
- CPI or Consumer Price Index can measure the standard adjustment in prices over time for a basket of consumer goods and services paid by urban consumers.
- GDP deflator or Gross Domestic Product deflator can reflect the prices of domestically produced or offered products and services.
To sum up, CPI calculate the monthly or overall prices' change consumed by the consumers on fixed basket of consumptions over time but to calculate the value of an index to compare prices across different years, you'll use GDP deflator.
Learn more about how CPI differs from GDP deflator: brainly.com/question/28124866
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The answer is “A Twist of Lennon”. This is a book written and released by Cynthia Lennon the wife of John Lennon. The story was all about how John Lennon feels madly and deeply in love with Cynthia the moment he met her but then eventually it was slowly fading and get divorced during 1968. And it is reported how John influenced Cynthia just like introducing drugs and claiming that Cynthia is in breach of marital confidence.
