Answer:
Consumer spending plummeted, factories slowed down production, and companies fired workers. The wages of those still employed were cut, making it hard for people to support their families since all the money was gone. American consumers lost their homes to foreclosure and lost (or sold) many of their possessions.
Answer:
anxiety
Explanation:
Anxiety may be defined as a disorder of one's mental health which is characterized by the feelings of anxiety, worry, or fear which are so strong that it can interfere one's daily activities and behaviors.
Anxiety is our body's natural response to stress.
In the context, whenever Bill is in the aeroplane, he feels fear of flying and his nervous system automatically arouses because of the fear. This behavior is called as anxiety.
Answer:
The indifference curve is a locus of various consumption bundle which provide the same utility level to the consumer. The production possibility frontier is a concept that depicts the maximum amount of two products given the limited amount of resources available
Explanation:
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