If you are relatively better at something, then you are said to have a absolute advantage in that activity.
<h3>What is
absolute advantage?</h3>
Absolute advantage serves as an economic concept which is been used to describe a party's superiority as regards the production capability.
It should be noted that this is the ability to produce a certain good or service at lower cost , hence If you are relatively better at something, then you are said to have a absolute advantage in that activity.
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Answer:
<em>problem-focused coping</em>
Explanation:
Problem-focused coping can be referred as the things we try to do in order to cope up or tackle a problem. Problem-focused coping is the usage of practical ways to overcome a stressful or problematic situation. As a result, stress is reduced.
In the scenario mentioned in the question, Albert is using a practical way to reduce his stress by making a step-by-step 'to-do' list. This is an example of problem-focused coping.
<u>Problem of classical economics pointed by John Maynard keynes:</u>
He was complaining about economists who believed that unemployment would be reduced or eliminated after the recession if the market is not somehow stimulated or steered in right direction. He agreed that this strategy can work in long run, however, in short run, it would pose some problems due to people’s nature of hoarding money and banking preferences.
The classical economists believed that in the midst of a great depression and recession, the government should not do much and the economy would recover on its own which may take decades for such to happen.
O' Sullivan believed that the United States had a mission to expand, spreading its form of democracy and freedom