Answer:
Ronald Reagan is the correct answer.
Explanation:
Answer: <em>Option (c) is not correct. </em>
<em>As stated above, the given option is false since Nation or countries that have higher output growth per individual have usually done this in regards to higher productivity growth. This is also done on the basis of an increasing rate of technology and an increase in capital, that further leads to higher output growth.</em>
Answer:
c.)skepticism
Explanation:
Skepticism defined as the word which is used in reference to a person or the word which defines a person's questioning attitude or doubt towards putative knowledge or belief.
Skepticism occurs in the context of philosophy.
But it can be applied to any pseudoscience, politics, religion.
The person when questions beliefs based on empirical evidence or scientific understanding is called scientific or empirical skeptic.
Answer:
Opportunity cost is what is given up to obtain something, or the cost of doing something instead of another thing.
The opportunity cost of leisure would be best explained as the monetary value of time spent not working, or in other words, the income that is not received when you are not working.
For example, if a person works 8 hours a day, five days a week, making $20/hour, he will earn, by the end of the week, a total of $800 dollars. However, if he decides to cut back his hours in order to go to swimming classes in the afternoon, and now works 6 hours a day, five days a week, he will now make $600 dollars, so the opportunity cost of leisure for him is $200 dollars.
Narrow in scope, because it was written almost exclusively by white European males.
