The income effect is the change in the demand of the goods and services as an result of the change of the The increased voluntary income of the consumer. Hense, the best option that describes the income effect is;The increased income earned by suppliers because of high prices. :)
Answer:
it could possibly be 1. so that's my answer
Answer:
Free association writing
Explanation:
Free association writing involves writing down thoughts as they come to you.
Approximately 600 million
Answer:
Correct answer is b. All had access to the ocean with long coastline, a maritime culture of trade, and they had large port cities.
Explanation:
Option B is the only correct answer, because this countries were opened towards the Atlantic Ocean, developed their trade system and started settling in the New World, establishing colonies, not only in Americas, but later also in the other continents. Their ports were the center of trade, and even today ports such as Rotterdam are among the main trade centers in the world. On the other side, this were large countries, France was among the largest countries in Europe, where most of the inhabitants were Catholic, while for example in Britain most people were Protestants.
