What are some ways to promote the general welfare

1 answer:

7 0

The United States Constitution contains two references to "the General Welfare," one occurring in the Preamble and the other in the Taxing and Spending clause. The Taxing and Spending clause is the clause that gives the federal government of the United States its power of taxation.

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Which explains why the price indicated by p2 on the graph is higher than the equilibrium price? As prices rise, quantity demande

blondinia [14]

The economy operates according to the law of supply and demand for goods and services. According to this theory, the interaction between supply and demand for a good or service fits and the vector of adjustment is price.

If the price is high, there is more supply than demand. If the price is low, there is more demand than supply. If demand increases, price increases and supply increases. If demand falls, the price falls. That is, the price makes the interaction. There will be a moment where the quantity offered is exactly equal to the quantity demanded, at which point the price practiced is the equilibrium price.

So if an economy is in equilibrium at a time and then the price charged is higher than the equilibrium price, it means that demand has gotten higher than supply.

However, none of the alternatives would explain why a price is charged above the equilibrium price. The answer is the reverse of what is written in alternative (A). The truth is this: As the quantity demanded rises, the price rises above the equilibrium price. This is the answer.

The alternative (B) is true, although it does not answer the question of the problem. If prices rise, demand falls. This is because the high price discourages consumption.

BTW, I'm an economist and I'm sure.

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Search on google i think that could help

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Which of the following is NOT a true statement about the U.S. mobilization effort during World War II?

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B. There was a low rate of volunteerism
In World War ll there was actually a very high amount of volunteers due to the efforts of President Roosevelt; who made it look like America had a duty to fend for others.

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It first came from south africa to paris

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Who is known as the "Father of the Constitution" for his contributions in writing the U.S. Constitution

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Answer:

Because of his pivotal role in the document's drafting and ratification, James Madison is regarded as the "Father of the Constitution." The Constitutional Convention, where the Constitution was hammered out and ratified, was attended by many of the United States Founding Fathers. The Convention was presided over by George Washington, for example. James Madison, who was also there, was the author of the paper that formed the United States of America.

Explanation:

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