According to classical macroeconomic theory , all the given options suits it.
All of the above are correct.
<h3><u>Explanation: </u></h3>
Classical macroeconomic theory is based on the classical theory in which the emphasis is mostly on the supply chain rather than the demand. In this theory, the price levels always move slowly or are sticky in the short run as compared to the old run.
In this theory, the capital, labor, and the available production supplies determines the output and for reaching to any output, demand for money and supply is adjusted by the interest rate.
<u><em>Mount Everest is the tallest mountain in the world.</em></u>
<u><em>Mount Everest is 29,035 ft ( 8,850 ) meters tall.</em></u>
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Economists generally agree that economic development and growth are influenced by four factors: human resources, physical capital, natural resources and technology. Highly developed countries have governments that focus on these areas.
Answer:
Elections affect the Supreme Court like this:
When a president is elected in the US, they are most likely to be of one political party or another. The president also appoints a Supreme Court Justice. If a president is considering appointing a judge, they will probably appoint someone who shares their views, so as to sway matters that get taken to the Supreme Court in their favor.
Explanation:
Example, because I'm not sure I explained correctly: If a president is more left-leaning, they can (and probably will) appoint a left-leaning judge, so that they will judge matters as they or their political party would judge them. Appointing a judge with whom you disagree with isn't a strategic idea, because the president's ideals may be very different from a right-leaning judge. t-leaning, they can (and probably will) appoint a left-leaning judge, so that they will judge matters as they or their political party would judge them. Appointing a judge with whom you disagree isn't a strategic idea, because the president's ideals may be very different from a right-leaning judge.