<span>This was a declaration by the House of Commons of England reaffirming their right to freedom of speech in the face of King James' belief that they had no right to debate foreign policy. Many Members of Parliament were unhappy with James' foreign policy. They opposed the Spanish Match and wished for a war against Spain. The MPs believed that if they conceded that they had no right to debate matters which displeased the King, Parliament would be obsolete</span>
The economy operates according to the law of supply and demand for goods and services. According to this theory, the interaction between supply and demand for a good or service fits and the vector of adjustment is price.
If the price is high, there is more supply than demand. If the price is low, there is more demand than supply. If demand increases, price increases and supply increases. If demand falls, the price falls. That is, the price makes the interaction. There will be a moment where the quantity offered is exactly equal to the quantity demanded, at which point the price practiced is the equilibrium price.
So if an economy is in equilibrium at a time and then the price charged is higher than the equilibrium price, it means that demand has gotten higher than supply.
<u>However, none of the alternatives would explain why a price is charged above the equilibrium price.</u> <u>The answer is the reverse of what is written in alternative (A)</u>. The truth is this: As the quantity demanded rises, the price rises above the equilibrium price. <u>This is the answer</u>.
The alternative (B) is true, although it does not answer the question of the problem. If prices rise, demand falls. This is because the high price discourages consumption.
BTW, I'm an economist and I'm sure.
Some things Andrew Jackson did to impact the economy in America is in 1833, Jackson retaliated against the bank by removing federal government placed money in state banks or as he said “pets.”As federal income from land sales fly, Andrew Jackson saw the time to fulfill his dream of paying off the national debt and make it possible which he did in early 1835.
In Russia, military spending was cut dramatically
Answer:
Explanation:They are both crying because they are being forced to submit to germany's rule thats also why the lady's hand is up (forced to hail hitler).
if u wanted some context
