This change in price means that there is a shortage of lettuce and the price of tacos will increase. That if tacos are made with lettuce and everything else remains constant (ceteris paribus).
<u>Colonial:</u> Colonialism is a type of policy where control by one power or nation over another country as well as dependent area. Generally, the aim is related to economic dominant of colonized country
<u>Socio-cultural imperialism:</u> Socio-cultural imperialism related to culture. They imposed their culture to non- dominance country through economically or politically.
<u>Economic imperialism: </u>A situation where dominating country has lots of economic power over non-dominance country or area.
<u>Similarities: </u>These all are affected non-dominance country. Colonialism and imperialism both means domination in political and economic over other country or area.
<u>Difference: </u>The major difference is colonialism means complete control over the other country but imperialism means formally or informally control over other country
The authors of your text suggest that openly and rationally discussing something that has made you angry with close friends can lead to. be the <u>power of normative social influence</u>
<h3>What is
authors ?</h3>
A writer or poet who creates or originates a written work, such as a book or play, is referred to as an author. An author is more broadly defined as "the person who originated or gave existence to anything," and the determination of their authorship establishes their legal liability for the work they produced. How does Wikipedia help you find authors?
Thousands of volunteers work together to co-write the pages on Wikipedia. Nearly all articles have several authors. Click on the "history" tab at the top of that page to learn who wrote a certain article. This will make it clear who changed the page.
To learn more about authors from the given link:
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Pedro is a Keynesian economist and argues that in a downturn, state intervention is the key for economic recovery.
Keynesians believe that GDP (Gross Domestic Product) is positively influenced by aggregate demand. Hence, in order to boost GDP growth after a downturn, the state should step in the economy by increasing public expenditure. This will help to create job positions, increase the disposable income of households and therefore increase overall demand for goods and services.
If more goods and services are demanded, the same cycle restarts as firms would hire more staff in order to increase production to a greater extent to meet the new necesities. The more people who is employed, the more income avilable to continue increasing private expenditure and investments, which in turn GDP and bring economic growth.
<em><u>To make it clearer, the following is the GDP formula for a certain time period</u></em>
<em>GDP = Private Consumption + Private investment + Public expenditure + Exports - Imports </em>
