Answer:
The intuition behind the real wealth effect is that when the price level decreases, it takes less money to buy goods and services. The money you have is now worth more and you feel wealthier. So, in response to a decrease in the price level, real GDP will increase.
Explanation:
Talk to your school or your boss at work possibly
Two word phrases are:
1. The sum of 8 and b.
2. b plus eight.
Answer:
Given the information that we have here, we are told that the Mayans were isolated due to the mountain ranges and surrounding natural barriers. This didn't allow for good trade routes for other civilizations. Due to such isolated conditions and harsh traveling environment, any other nearby civilizations would have not wanted to risk such perils for trade. The Mayans did in fact have natural resources, as we are told here that they used stone, bone, and wood in order to aid in the construction of their cities.
