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MrRissso [65]
3 years ago
6

Which term refers to an economic situation where the small amount of money in circulation lowers prices and lessens demand for g

oods?
a. competition
b. distribution
c. substitution
d. deflation
History
2 answers:
Ivan3 years ago
6 0
Answer is d. deflation
marusya05 [52]3 years ago
3 0

Answer:

The correct answer is deflation. Deflation is the reduction in the price levels. It is the opposite to Inflation. Deflation can occur when the supply of goods is higher than the demand (more things are offered than people want to buy), thus decreasing the price of things. It can also occur when the money supply (the amount of money in an economy) is low, and therefore, each bill and coin has more value and can buy more things.

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The correct answer is - D. how to make iron.

The Zhou dynasty was one of the greatest dynasties of China, and among many achievements of their reign, the artisans of this dynasty managed to learn how to make iron. This was revolutionary for the Chinese people, and it was of great use in the agriculture after the tools for it started to come in iron version, and it made everything much easier, quicker, and more efficient.

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One challenge of diversity in Cyprus is that the country is on the verge of being divided, though it is actually divided in practice, just not yet officially accepted by the international community.

Explanation:

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Apart from the two divisions of the island, there are actually two small parts of it that are governed by the United Kingdom. The main reason behind this is so that a conflict is prevented between Turkey and Greece, but also because of the strategic interests of the United Kingdom.

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