Answer: C) slowly; disinflation
Explanation: In the 1870's and 1880's, when gold production was low, the money supply grew slowly causing disinflation.
This means the low production of gold caused money supply to grow slowly causing disinflation.
What is disinflation? Disinflation is a decrease in the rate of inflation. It is a slowdown in the rate of increase of the general price level of goods and services in a nation's gross domestic product over time.
I can tell ya one thing, knock "artistic" off the list, those are for thinkers, not doers
There are two models of representation, trustee model and delegate model. Trustee model allows the people to elect a trustee who they 'entrust' with their constituency while in the delegate model, a delegate or representative is elected in a democracy to deliver the concerns of the people but the representative doesn't hold their constituency.
Total income exceeds spending, firms reduce production, workers are laid off, and incomes fall until equilibrium is reached
Answer: Option B.
<u>Explanation:</u>
In the diagram that has been given here, the income in the graph is more than the expenditure in the graph at the point A.
The point of equilibrium is lower at this point in the graph. To reach the equilibrium, the income should be reduced and the employees should be laid off so that equilibrium is restored.
Answer:
B. They should retest the current model, as there may have been an error in the testing methods the first time.
Explanation:
If in the studies carried out theoretically it is verified that the model works, that means that at the time of testing to confirm the veracity of the investigation there was an error and that is why it does not work in real cases. therefore a feedback should be made to identify where the faults are and correct.