Indigo was <span>an African crop exported during the triangular trade. </span>
Research studies are superior to personal experience because every research they do differs from person to person. So it is only to the personal experience .
The main reason why United States has a trade deficit with China is because China's trade practices are unfair.
Answer: Option A
<u>Explanation:</u>
A normative statement is a statement that is judgmental in nature and does not state facts. The statement states opinions and are subjective in nature. These statements are not objective and not necessarily always true.
Normative statements may also be biased and may express the views of the writer and not the right facts. The statement given above states an opinion and is subjective and therefore is a normative statement.
Answer:
D) does not; people have rational expectations
Explanation:
Philips short-run curve is a curve which shows the relationship between unemployment and inflation in any given country. This thoery was discovered by Professor A.W.Phillips which was based on observations he made of unemployment and changes in wage levels from 1861 to 1957 in which he found that there was a trade-off between unemployment and inflation.
<em>The argument was that, it does not represent a usable trade-off due to the fact that policy makers have a simple choice to make - to either accept the lowering of inflation or unemployment. </em>
<em> </em>