Hayek believed the economy too complicated to think in terms of aggregates. This is the foundation of monetarism theory. He believed that people are unpredictable in their choices. Consequently, expansionary policy was potent because it could potentially lead to inflation and affect individual choices.
<span>Accountability is essential to good governance because it
shows how responsible an official is. If
he takes responsibility for mistakes that he made, it shows that how honest our
governments are. Also they would take
steps to correct errors that occur during their watch. These people are either afraid or don’t want
to be held accountable for their actions and if a officials can’t be held
accountable for their acts, then the people have no power in government and
worse there is no justice.</span>
Answer:
Traditional and non mainstream cultural activities that are not financially driven are referred to as: <u>Folk culture</u>.
Explanation:
Folk culture refers to the set of artistic manifestations or cultural patterns of the popular classes. Folk culture includes all those cultural productions that are created and / or consumed by the lower or middle classes, that is, it refers to the forms of culture traditionally attributed to disadvantaged social classes. This designation is used to differentiate it from high culture, official or academic culture. Folk culture owes its existence to the multiplicity of relationships that coexist in a society and it is appreciated in the diversity of that or those unrepeatable characteristics and that in turn commune with traditions and unconventional activities / renovations generated in other environments.
Answer:
Option A is the correct answer.
Explanation:
The physiological tolerance of a specie is there to show the lower and upper limit of extremity of environmental conditions within which a specie is capable of surviving irrespective of the possibility of performing its entire activities such as reproduction. However species can be found at those environment in which it can perform optimally.
