Im not sure but I’m James Charles cousin
South Asia is home to approximately 24% of the world's population.
Answer: D and F I think I’m sorry if it’s not right
Explanation:
Answer: 1/3 hot dog per hour
Explanation: Opportunity cost is a term used by economists to mean what you have to forego in order to choose something else. Opportunity cost refers to what you have to sacrifice to buy what you want in terms of other services or goods.
In this case Albert can produce 3 hamburgers in one hour, and also he can produce 1 hot dog in 1 hour
it can expressed:
1 hot dog = 1 hour
3 hamburger= 1 hour
Equating both equations and simplifying it gives:
1 hamburger = 1/3 hot dogs
Answer: Friedrich Hayek’s work The Road to Serfdom argued that centralized Economic Planning ultimately threatened liberty. Conservatives used this book to justify a reduced role for the state in the economy, by equating fascism and socialism with the New Deal.
Explanation: Frederick Hayek in his book <em>The Road to Serfdom</em>, published in 1944, criticized government involvement in the market seeing it as a system that leads to loss of individual freedom.
Centralized Economic planning is key to socialism as a method to ensure equality, but Hayek argued that central planning forces the will of a few people on the public. This is not socialism but dictatorship.
Conservatives, who favored a reduced government role in economic planning quoted this book and equated the New deal with fascism. The New Deal was a program designed by President Franklin D. Roosevelt to revive the economy after the Great Depression.
