<span>In the last sixteen days of President Thomas Jefferson's presidency, the Congress replaced the Embargo Act of 1807 with the almost unenforceable Non-Intercourse Act of March 1809. This Act lifted all embargoes on American shipping except for those bound for British or French ports.</span>
Checks and balances exist to keep a single branch of government from becoming too powerful. This is true for all governments that use this system.
Answer and Explanation:
Phelps criticized Friedman's position, because he said it was totally irrelevant to analyze the tax functions of inflation without assessing product demand, as Friedman suggested in his theory. He stated that this would only be possible if there was a way to predict an optimal rate of inflation in different situations of demand and supply, otherwise, in Phelps' words it would be the same as "Professor Friedman gave us Hamlet without a prince".
Phelps' positioning would be better considered by the RBC model, since this model is based on real and not imaginary facts.
Answer:
5 stars if they agreed and 1 star if they didn’.
Explanation:
Their motive is whether or not they like the article.
I believe the answer is: <span>the average years of schooling each person receives
From knowing the average years of schooling that people have before graduation, we could make a rough assumption on the academic ability that average students in a certain area have, and the socio-economic factors that might cause it.</span>