Answer: Abstract thinking
Explanation:
The abstract thinking is refers to the thinking ability of the person about the ideas and the principles and it is basically helps in developing the various types of experiences and the objects.
The main objective of the abstract thinking is that it developing the problem solving ability and also improve in our formal operational thinking ability. This concept is also related to the symbolic thinking.
Therefore, Abstract thinking is the correct answer.
Answer:
A. The expected real rate of interest increases by one percentage point for each percentage change in expected inflation.
Explanation:
The Fisher effect is an economic term referred to as the relationship between real and nominal interest rates with inflation. This theory explains that the real interest rate is equal to the nominal interest rate minus the expected inflation rate. In other words, if nominal rates do not increase at the same rate as inflation, then real interest rates will fall while inflation increases.
Answer:
Explanation:
Answer: It would be a fair assumption to make that a country with a large amount of natural resources would be more likely to develop fastest and furthest.
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