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.
A. the empire was too large to keep united
Answer:
The St. Lawrence Seaway connects the Atlantic Ocean with the Great Lakes.
Explanation:
St. Lawrence Sea is a long waterway near the Northeastern border of America that connects from the Atlantic Ocean into the Great Lakes. It has allowed for shipping vessels to come through. However, these ships sometimes bring invasive species such as the Sea Lamprey.
Price control is the maximum cost of a good decided by the government. Therefore if a company stays at the price control maximum a competing company may lower the price in order to have the better deal. Another company may lower the price further which creates competition between the businesses. <span />
The statement that describes the life of American Indians at Spanish missions was that they were required to work and worship at the missions.
<h3>What did the
Spanish Missionaries do?</h3>
The Spanish Missionaries wanted to improve the lives of American Indians and change their Indian culture and traditions.
However, the Local Natives were relocated and forced into labor on the mission from San Diego to San Francisco
Therefore, the Option C is correct.
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