<span>Learning by watching the behavior of another person, or model is known as <em /><u>observational learning.
</u><u />Since you learn by observing others, it is called observational learning. You usually observe your parents, teachers, friends, etc. and find behaviors that you'd like to take from them and then you do after a period of observation. This is true particularly during your earliest years of life, although it often occurs later on as well.<u>
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Maintain a favorable balance trade for Great Britain with its colonies
Answer: B
Explanation:
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Answer:
The Exchange Rate
Explanation:
An exchange rate is the value of a country's currency vs. that of another country or economic zone. Most exchange rates are free-floating and will rise or fall based on supply and demand in the market.
Answer:
Because even if the free market system is the most efficient economic system that humanity has found, it sill can produce some undesirable effects for society that need government intervention in order to be corrected.
Explanation:
For example, in the free market, if a company is more efficient than its competitors, it can become a monopoly, and monopolies affect consumers because they can set prices higher than normal.
Also, in a free market economy, even if many goods and services are produced, and both output and income rise, some people will still be left behind in poverty. It is a socially desirable thing to help the poor in order to keep society more harmonious and just.
