It’s important because it gets you to be a skinny legend and you need greens to survive.
Answer:
TRUE
Explanation:
Because the price is below equilibrium the quantity will fall and shortage will ocour. Because of that the price in the black market will become even higher than it was before the price control, making the price control counter productive.
So this additional demand is met at much higher prices than legal market.
Inflation is an increase in prices so the answer would be more
Answer:
Primary and secondary
Explanation:
Generally there are 5 types of socialisation.
1. Primary
2. Secondary
3.Anticipatory
4. Development
5. Resocialisation.
But the common are primary and secondary
Answer:
D) there is a decline in the price level.
Explanation:
Inflation refers to an increase in the general price level of a country, while deflation is exactly the opposite. Deflation represents a decrease in the general price level of a country. They are both calculated the same way, only that inflation is much more "famous" and notorious since it happens very oftenly, while deflation is very rare.
But that doesn't mean that deflation is good, since it generally represents an economic decline or recession. A low inflation rate is a sign of a healthy economy because it shows that the economy is growing.
