Answer: AD shifts right aggregate output increases and prices rise
A rise in customer confidence increases consumption as well as investment thereby shifting the AD to the right if the short run AS curve is upward sloping a new macroeconomic equilibrium at a higher price level and increased output will be reached
Answer: Wealth
Not really sure but it is the best one that fits in
Answer:
The following is most likely to help us empathize with others:
B) automatic mimicry
Explanation:
Automatic mimicry is the action of imitating the emotions, facial expressions, posture, and/or tone of others in order to conform.
Adam Smith theories promote individualism in the sense that they state that, when each economic agent (households, business, or public entities) pursue their own interests selfishly, the outcomes generated by their economic activities will optimize the social welfare.
The incentives behind working for the own profit are much higher, and make individuals more productive and more sensitive to mistakes, therefore they are keen on improving their practices constantly. In turn, the incentives of working for the common interest are more vague, and such situations lead to sharp productivity declines. It is more likely that societies with greater productivity are able to produce efficiently enough goods and services to cover the needs of all its citizens. Therefore those societies end up maximizing the social welfare. These are the main arguments which support the invisible hand principle coined by Adam Smith.
There's a number of reasons but some of the most common ones are body appearance, trying to fit in, the pressure to do what others are doing such as drugs, etc..
