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According to the circular flow model, wages are <span>not provided by consumers. The role of the consumer is to pay what he/she bought but it the role of the business man. </span>
Answer: Agriculture
Explanation:
The development of money led to agriculture. As it disallowed the barter system in which the goods are exchanged with the goods. The agricultural goods like crops, grains, fibers and other agricultural products were sold on their valuable market prices with the development of currency, its distribution, and utilization in the market.
Answer: A. designating an anti-charity should be more effective because loss aversion will provide additional motivation
.
Options:
A. designating an anti-charity should be more effective because loss
aversion will provide additional motivation
B. designating a charity should be more effective because it avoids all potential for loss
C. it shouldn’t matter whether one designates a charity or anti-charity
D. self-interest biases generally keep people from choosing the anti-charity
Explanation:
The study of behavioral Economics shows that people are more driven by the loss of fear than the hope of gain. This is known as loss aversion. In commitment contracts where penalty money is promised to a charity or an anti-charity if the goal is not achieved, those who promise their money to an anti-charity tend to achieve their goals more. The same also applies when comparing this group and those who do not have to forego anything if they do not meet their target.
This is because giving to a charity will still seem beneficial while losing the money to an anti-charity will seem like a total loss.
Answer:
Explanation:
The Roman Empire, at its height (c. 117 CE), was the most extensive political and social structure in western civilization. By 285 CE the empire had grown too vast to be ruled from the central government at Rome and so was divided by Emperor Diocletian (r. 284-305 CE) into a Western and an Eastern Empire.
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