The correct answer would be option B, Higher the cost of living.
The lower a country's economic development, the higher the cost of living.
Explanation:
Cost of living is the amount needed to live a life by fulfilling the basic necessities of a person or family. The cost of living includes the following basic necessities:
- Housing
- Food
- Healthcare
- Education
- Taxes
When an economy's development is lower, all of these basic necessities will be available at a higher price, which means the cost of living would be higher when economic development is lower. Cost of living is directly associated with the wages. When economic development is lower, it means there will be less chances of employment, which in turns will affect the wages.
Cost of living is often found by comparing the living in two cities or two countries. Economic development of the countries directly affect the cost of living.
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<u>Answer</u>:
Large punishment, a small punishment
<u>Explanation</u>:
Cognitive dissonance theory: According to this theory, there is a tendency of a person to see their cognition consistently. If there is occur inconsistency between the way of the behavior and thought of a person so the individual has to change something to eliminate that dissonance.
<u>Two factors affect the dissonance: </u>
- The individual has to reduce the importance of the dissonant belief
- The individual has to add some new belief so that these beliefs can be eliminated
- The individual has to change the belief so that they can not possess for a long time.
Answer:
distributed coding
Explanation:
Distributed Coding: In psychology, the term distributed coding is referred to as different types of neural code that carries several perceptions that are being singled by various patterns of activities that are being distributed across different neurons. It involves neurons that generally respond to a specific stimulus involving different patterns.
In the question above, the statement signifies the distributed coding.
C. Contract. all providers have a contract, especially when you sign up for one of their plans. It's a law. Its against the law not to have a contract for a customer to sign. That'd make the provider's action false in court and they could go to jail or something without the contract stating who they are, what they do, and a customer's signature.
Answer:
Susan makes a deposit at a bank and the bank uses this money to make an auto loan to Ferguson.
Explanation:
Financial intermediary is the individual or an institution which serves as the middleman among the diverse parties which are different in order to ease or facilitate the financial transactions. Commercial banks, stockbrokers are few examples.
Out of the given options, the correct option which represents the example of financial intermediary is Option C. As mentioned above, banks are example of financial intermediary where it takes money from Susan as her/his deposits and generates a auto loan to the Ferguson.