Answer:
Economics is different from other social sciences because it gives special emphasis to the study of ______; it is similar to other social sciences because they are all concerned with the study of _______.
the answers are opportunity cost; choices
Explanation:
The major emphasis of economics is how people choose among the alternatives available to them. Economics studies the concept of opportunity cost (i.e) the wants left unsatisfied in other to satisfy more pressing needs. Since the study of economics arises as a result of scarcity, the act of choosing important want to be satisfied and leaving less the less important ones unsatisfied is an important aspect that economics studies
However, It is similar to other social sciences because it involves people and their behavior. (i.e people and their choices) subjects such as political science, sociology, psychology etc. all studies human behavior and how human reacts to what they are faced with daily.
That statement is true
Especially in a developed country such as the United States where most people held 9-5 jobs that make them do not have many free time on their calendar.
Most of the people use holidays as an opportunity to gather up with relatives and families.
Under the circumstance of low section ratio, low base rate, new selection procedure has a high validity is hiring success gain likely to be highest.
Hiring success refers to the unique event that brings together the industry leaders who are pushing the limits and improving the talents acquisition landscape.
To find the answer, we first calculate the multiplier.
By using the equation,
ms= 1 ÷ (1 – MPC)
MPC = marginal propensity to consume = 0.8
ms= 1 ÷ (1 – MPC) = 1 ÷ (1 - 0.8)
= 5
Thus, the multiplier is 5.
An increase in government spending = $600 billion
Now, multiplied $600 billion by the multiplier, which is 5.
$600 billion x 5
= $3,000
Thus, the answer is $3,000 billion increase in real GDP.
A faculty member who can help with problems such as family issues or frequent truancies is called a Counselor.