Answer and Explanation:
Phelps criticized Friedman's position, because he said it was totally irrelevant to analyze the tax functions of inflation without assessing product demand, as Friedman suggested in his theory. He stated that this would only be possible if there was a way to predict an optimal rate of inflation in different situations of demand and supply, otherwise, in Phelps' words it would be the same as "Professor Friedman gave us Hamlet without a prince".
Phelps' positioning would be better considered by the RBC model, since this model is based on real and not imaginary facts.
Your self-image determines your life. The way you see yourself is actually your blueprint, and your mind, subconsciously and rigorously, will follow the blueprint. “But I want to change”, you say, and that's a conscious decision.
The correct option is 1) Density-dependent.
<h3>What is reason for the decline in the caribou population?</h3>
The major causing for the decline in the caribou population are the hunting, disease, diminished food availability, and climate change.
Caribou depends on the food and habitat resources of the Arctic ecosystem which has been destroyed by the human disturbance.
Increasing number of other large carnivores also impacted the population of the caribou.
Learn more about the caribou here:-
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Answer:
3,400
Explanation:
From Wikipedia: “The project involved more than 3,500 workers at its peak, including 3,439 on a single day, August 14, 1930.”
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Answer: This can be necessary for test standardisation
Explanation: Test standardisation involves the process of evaluation by comparing different test results with a standard.
From the question it can be assumed that the individual that participated in the test did very well and in order for the process to publish the results, he had to compare results with other people to ensure that she the result is not a hoax.
