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weeeeeb [17]
3 years ago
14

Which event indicates that deflation is occurring?

Social Studies
2 answers:
vova2212 [387]3 years ago
4 0
An example of such an event can be when the Civil War ended. The country went back to the gold standard and destroyed large sums of civil war money which was useless now. This led to a major deflation because there was suddenly much less money than before and the money had higher value than before.
VikaD [51]3 years ago
4 0
A savings account can suddenly buy much more than before
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Bhanubhakta Acharya is one of the great poet of Nepal . He was the first person to write in Nepali language.

Explanation:

In 1814 Bhanubhakta Acharya was born in Tanahu district that was located in western Nepal. He was taught at home and his first teacher was his grandfather Shri Krishna Acharya. Bhanubhakta was the first person to translate Ramayana to Nepali.

Bhanubhakta became adikavi not because he was the first Nepali poet but he was first poet who used Nepali as writing style. Bhanubhakta Acharya first gave a new perspective to Nepali in literature writing. Bhanubhakta Acharya had different ideas related to various subjects , family moral advocacy , satires related to bureaucracy as well as prisoners poor condition.

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3 years ago
Suppose that Spain has a comparative advantage in hats and Portugal has a comparative advantage in doormats. Under a system of f
Lady_Fox [76]

Answer:

Some of the gains from trade shift to Portugal.

Explanation:

The law of comparative advantage describes how agents produces more of and consumes less of a good for which they have a comparative advantage in. Agents have a comparative advantage if they produce a good at a lower marginal cost prior to trade. Contrary to it, agent has an absolute advantage if they produce a good more productively, or more quantity of goods for a less amount of resources.

In this example, if the price of doormat increases to 5 hats per doormat, Spain will have to produce hats to get 1 doormat. Contrary to it, Portugal will get more hats for producing the same amount of doormats as before.

So, to conclude, Portugal will gain from this trade.

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<em />

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