Answer: <em>Option (D) is correct.</em>
According to neoclassical assumptions, state policies should mainly focus on long-term growth and controlling inflation.
Neoclassical economics viewpoint focuses on the measurement of commodities, their outputs, and distributions of income in industry or markets through the forces of demand and supply. It is a theory which predominately concentrates on the efficacy of commodities and how it affects forces of demand and supply.
They have agreed on sending petition to the king, asking Intolerable Acts to be removed.
Explanation:
- The first Continental Congress was a convention of delegates to thirteen British North American colonies, meeting in the fall of 1774, on the eve of the American Revolution.
- It was convened in response to the Intolerable Acts of the British Parliament and was held at Independence Hall in the City of Philadelphia.
- There were 56 delegates attending the Congress, who were appointed by the Assembly of the Thirteen Colonies, with the exception of the Province of Georgia, which did not send delegates.
- Congress considered options, organized an economic boycott of British goods, published a list of injustices, and petitioned King George to correct them.
- Congress has also decided to convene a new Continental Congress in case the petition fails to prevent the implementation of Intolerable Acts.
- Since the petition failed, the Second Continental Congress was convened the following year to organize the defense of the colonies in the War of Independence.
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# 35 trade deficits
# 36 B. hope that helped
Answer:
<em>Transfer payments</em>
Explanation:
John Maynard Keynes in his theory of total spending argued that consumers need to spend to maintain an economy. He stated that an increase in spending will replicate the effect in an economy and the government needs to spend more to reduce unemployment.
John Maynard Keynes categories of spending include;
- <em> Consumption spending,</em>
- <em>investment </em>
- <em>government Purchases or expenditure </em>
- <em>and net export </em>
Transfer payments are not categorized in John Maynard's categories of spending.
