Answer:
i believe the answer is true
Explanation:
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Err... can someone explain this to me too?
Answer:
The intuition behind the real wealth effect is that when the price level decreases, it takes less money to buy goods and services. The money you have is now worth more and you feel wealthier. So, in response to a decrease in the price level, real GDP will increase.
Explanation:
Answer:
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Explanation:
Answer:
Global life expectancy is the average age that people live to be. This is not a national life expectancy where we look only at one country and is on a global level. The industrial revolution impacted life expectancy by raising wages, living conditions. New technology was invented and many breakthroughs in sanitation were made.