Answer: Gambling
Explanation:
Gambling is the act of incurring money or a valuable item at an event or an occasion with an uncertain outcome and with the intent of winning.
Answer:
The correct answer is Option "b. The value of the currency would increase"
Explanation:
The government through the central bank can adopt a variety of measures to control the amount of money supply in the economy. The state uses a combination of monetary and fiscal policies to this effect.
In the given example, the federal government would not print more money due to the implications it has not only on the value of the currency but also on other macroeconomic variables such as interest rates and inflation.
By printing money, there would be an excess amount of money supply in the economy. That would make each dollar in the economy worth less than what it was before. This puts downward pressure on interest rates and boosts inflation as well.
Due to higher inflation, a greater amount of money would be required to continue with normal business which would again cause the need to further increase money supply. Using the law of simple demand and supply, the value of money would keep lowering as money supply is kept increasing. This is why a government might elect to not print money.
<u>Answer:</u>
The supply of essential goods does not affect demand.
<u>Explanation:</u>
- Essential goods are those without which the subsistence is the most difficult. They support the living at the most basic level by making up all that needs to be necessarily used and consumed in day-to-day life.
- Whether or not the supply for the essential goods is sufficient, the demand for it remains unaffected. That is because the availability of essential goods is a must to lead a decent life.
The phenomenon where many elderly people lose knowledge and forget memories that are not commonly recalled is a transience phenomenon.
<h3>What is a transience phenomenon in psychology?</h3>
Transience is the gradual deterioration of memory retrieval and access.
Transience, one of the "7 sins of memory," develops naturally with aging but can also develop severely as a result of brain damage. Both short-term and long-term memory are affected.
The flaws in memory are both fascinating and significant. They can be broken down into seven basic offenses, or "sins,"
Transience is the gradual deterioration of memory access. Aging is a natural process of transience, yet certain factors can hasten it. Transience may result from traumatic brain injury or hippocampal damage.
Transience may also be brought on by some diseases, such as Alzheimer's or dementia. Furthermore, both brief and long-term loneliness in older persons were strongly associated with diminished cognitive function.
Therefore, "transience" is the correct answer.
Check out the link below to learn about the transience phenomenon;
brainly.com/question/14235600
#SPJ4
