Explanation:
When the position of a person, location, entity, etc, is measured with regards to another person, location or entity, it is called as the Relative Relation. So when the position of one location is measured with regards to another location, it is called as the Relative Location. Relative location can be measured through Distance, time to travel there or cost.
Now in this question, the relative location of United States with regards to Europe has been asked. The US is located on the North American Continent and Europe is located on the other Continent. US is bounded by different countries like Canada, Mexico, and some oceans. The relative location of US with regards to Europe is 4903 MI.
Work, for example is the subject of an entire branch of psychology. psychological, behavioural, emotional, and social factors.
Answer and Explanation:
Phelps criticized Friedman's position, because he said it was totally irrelevant to analyze the tax functions of inflation without assessing product demand, as Friedman suggested in his theory. He stated that this would only be possible if there was a way to predict an optimal rate of inflation in different situations of demand and supply, otherwise, in Phelps' words it would be the same as "Professor Friedman gave us Hamlet without a prince".
Phelps' positioning would be better considered by the RBC model, since this model is based on real and not imaginary facts.
Answer:
Key Takeaways
Explanation:
Market economies utilize private ownership of the means of production and voluntary exchanges/contracts. In a command economy, governments own the factors of production such as land, capital, and resources. In reality, all economies blend aspects of the two.
All of the
following words describe Kennedy’s inaugural address except indifferent.
<span>On January 20, 1961, President John F. </span>Kennedy<span> delivered his</span> inaugural
address<span> in
which he announced that "we shall pay any price, bear any burden, meet any
hardship, support any friend, oppose any foe to assure the survival and success
of liberty."</span>
The correct answer between all
the choices given is the last choice or letter D. I am hoping that this answer
has satisfied your query and it will be able to help you in your endeavor, and
if you would like, feel free to ask another question.
