The oxidation state of Lithium changed from 0 to +1
The oxidation state of hydrogen changed from +1 to 0.
<h3>What is the oxidation state of the elements in the reaction?</h3>
The equation of the redox reaction is given as follows:
2 Li + 2 H₂O → 2 LiOH + H₂
The oxidation states of the elements changed as follows:
The oxidation state of Lithium changed from 0 to +1
The oxidation state of hydrogen changed from +1 to 0.
In conclusion, the reaction is a redox reaction.
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The main component and key to success to Reaganomics was reduction in government spending.
<h3>What is Reaganomics?</h3>
This is the term that is used to refer to the government and the economic policies of Ronald Reagan. The purpose of the policy was to help to stimulate the United States government. The policy was contractionary in nature.
He advocated for a reduction in the way that government spent money, reduced taxes and also for less government regulations in businesses.
The result of this policy was that he helped to ensure that poverty was reduced in the country. Although it raised the levels of income inequality also in the nation.
Economics have stated that the policies of this president helped the nation to achieve great long time economic expansion.
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'According to the declaration, whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it.
And then they must establish a new government, based on such principles and organizing its powers in such a way that it appears most likely to effect their safety and happiness.
Prudence, indeed, will dictate that long-established governments should not be changed for trivial and transitory reasons; and all experience has shown that mankind are more inclined to suffer while evils are sufferable, than to right themselves by abolishing the forms to which they are accustomed.
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