Answer:
The minority party in the House also elected leaders, the house minority leader and the minority whip, whose jobs mirror those of their majority-party colleagues but without the power that comes from holding a majority in the House.
Explanation:
The minority leader functions as the head of the opposition and is the minority equivalent to the Speaker. Even though minority and majority leaders share various primary responsibilities in the administration, minority leader represents a minority party and its standards and serves as a protector for its rights.
Answer:
In August 1786, Revolutionary War veteran Daniel Shays led an armed rebellion in Springfield, Massachusetts to protest what he perceived as the unjust economic policies and political corruption of the Massachusetts state legislature.
Answer:
The income effect
Explanation:
The income effect is the effect on real income when price changes and it can be positive or negative. for instance when price falls, and assuming nominal income is constant, the same nominal income can buy more of the good hence demand for this and other goods is likely to rise.
Madeleine's vacation time has been spent at home catching a few local attractions when she could afford them. This year, she received a big bonus at work and has decided to finally take the trip to Europe that she has always dreamed about. Madeleine's purchasing behavior has changed due to the income effect.
This explains the concept of income effect.
Answer:
d) There is a negative correlation between the two variables.
Explanation:
A correlation refers to the fact that two variables fluctuate together.
A correlation can be positive or negative:
- A positive correlation between two variables means that they fluctuate in parallel (both increase or both decrease)
- A negative correlation between two variables means that they fluctuate in opposite ways (one increases and other decreases)
In this example, the number of hot chocolates <u>increases</u> as temperature outside <u>decreases</u>. The variables that are correlated are the temperature and the number of hot chocolates sold.
Since one of the variables increases while the other decreases, we can conclude that there is a negative correlation between the two variables.
