Answer:
<em>Burton Malkiel</em> believes that most economists do not write well, therefore students become glassy eyed when studying texts of an economist.
Explanation:
In the foreword of the book<em> "</em>Naked Economics: Undressing the Dismal Science"<em> </em>by <em>Charles Wheelan</em>, <em>Burton Malkiel</em> noted that most economics can not write well and their texts rely mostly on algebraic manipulations and diagrams, only few economists can explain economic analysis in a simple way or show it`s relevance in everyday life. Therefore students get glassy eyed when studying economics.
Americans will pay more for goods produced in Mexico in 2011. The value of the American dollar decreased because it is worth less Mexican pesos.
The many groups that have ruled greece
Answer:
a chief justice of the Supreme Court.
Explanation:
Explanation:
After the crash, Hoover announced that the economy was fundamentally sound. On the last day of trading in 1929, the New York Stock Exchange held its annual wild and lavish party, complete with confetti, musicians, and illegal alcohol. The U.S. Department of Labor predicted that 1930 would be A splendid employment year. These sentiments were not as baseless as they may seem in hindsight. Historically, markets cycled up and down, and periods of growth were often followed by downturns that corrected themselves. But this time, there was no market correction; rather, the abrupt shock of the crash was followed by an even more devastating depression. Investors, along with the general public, withdrew their money from banks by the thousands, fearing the banks would go under. The more people pulled out their money in bank runs, the closer the banks came to insolvency.
