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Naddik [55]
3 years ago
15

macroeconomic equilibrium occurs when aggregate supply and aggregate demand meet. what does this indicate about society?

Social Studies
1 answer:
nlexa [21]3 years ago
5 0
Macroeconomic equilibrium occurs when aggregate supply meets the aggregate demand is true, What does this indicate about the society? EFFICIENCY, the balance of the equilibrium between its supply and demand indicates that the society uses its resources effectively and efficiently.
You might be interested in
The Jews played an important role in settling Georgia during the Trustee Period. Choose all of the correct descriptions about th
vfiekz [6]

Answer:

B. Doctor Samuel Nunes helped save many Georgia colonists

D. allowed to stay by Oglethorpe because of their doctor's contributions

Explanation:

In the same year that James Oglethorpe founded the colony in Georgia (1733), 2 Jewish ships carrying about 90 Jews came to settle there as well. At this time the colony had a charter that forbade the settling of Jews or Catholics in Georgia but as James Oglethorpe was a fair man, he was conflicted.

The Jews however had come along with some economists and doctors most notably a Dr. Samuel Nunez who worked tirelessly to avert an epidemic that was ravaging the first settlement thus saving many lives in the process.

As a result, Oglethorpe was able to gain the required support needed to let the Jews settle.

7 0
3 years ago
Piaget's view assumes that thinking undergoes ________ advances, but the information-processing approach assumes that developmen
elena-14-01-66 [18.8K]

Answer:

The correct answers are:

Qualitative; quantitative

Explanation:

According to Piaget's theory, the cognitive approach in children changes in a qualitative way since human beings develop their capacities in different ways as they grow and get mature, processing the acquired information in different ways as well. He says it happens in a qualitative manner, more than a process of accumulation of information where more and more information is stored.

On the other hand according to the information-processing approach which is mainly adopted by cognitive psychologists, the knowledge acquisition is mainly based on a quantitative model, in which information is processed according to the number of experiences and storage of information that will be used when necessary. This model is generally compared to that of a computer in which an amount of information can be stored  to use later.

8 0
3 years ago
(e) "Home is the first school of a child." Explain.​
ElenaW [278]

Answer:

Yes, home is the school of a child.

Parents teach the child how to speak, walk as well as to manner since childhood. A child learns to trust and communicate effectively. He learns to respect and greet people and understands what is right and wrong.Things learnt at home help them to lead a good life later on. Children who are taught good lessons from home show good behaviour towards everyone. There are many things that need to be taught to every child.

5 0
3 years ago
Following is a list of various costs incurred in producing replacement automobile parts. With respect to the production and sale
Marat540 [252]

Answer:

Oil used in manufacturing equipment 

Variable 

Plastic 

Variable 

Property taxes, $165,000 per year on factory building and equipment 

Fixed 

Salary of plant manager 

Fixed 

Cost of labor for hourly workers 

Variable 

Packaging 

Variable 

Factory cleaning costs, $6,000 per month 

Fixed 

Metal 

Variable 

Rent on warehouse, $10,000 per month plus $25 per square foot of storage used 

Mixed 

Property insurance premiums, $3,600 per month plus $0.01 for each dollar of property over $1,200,000 

Mixed 

Straight-line depreciation on the production equipment 

Fixed 

Hourly wages of machine operators 

Variable 

Electricity costs, $0.20 per kilowatt-hour 

Variable 

Computer chip (purchased from a vendor) 

Variable 

Pension cost, $1.00 per employee hour on the job 

Variable

Explanation:

Variable costs are cost that proportionately change with the changes in the activity base unit of production.

Fixed cost: cost that remain constant in total dollar amount irrespective to the change in the activity base unit of production.

Mixed cost: cost that possess characteristics of both fixed and variable costs.

7 0
3 years ago
Comparison between Old Delhi and New Delhi​
OleMash [197]

Answer:

Old Delhi is the most historic part of the metropolis, with its origins dating back to the time of the Moghuls. In contrast, New Delhi was designed by the British during colonial times, with much of the architectural work being down to Edwin Lutyens in the 1920s and 1930s.

Explanation:

5 0
2 years ago
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