Answer:
An inferior good.
Explanation:
Normal Good
This is simply known as goods whose demand increases as income of people rises and the demand falls also when there is a fall in income.
Inferior Good
This is simply known as goods that their demand reduced or decreases when the income of consumers do rises and also the demand also rises when consumer income falls. This is quite different fro. normal goods, for which the opposite is observed.
An increase in disposable income simply shows that the demand curve shifts rightwards and it depend largely o whether the goods is a normal goods or inferior goods.
The answer to this question is the science of forensic study
The correct answer is <span>e. the conflict that arises from occupying social positions that are ranked differently
Status i</span>nconsistency refers to the phenomenon where an individual possesses status qualities that rank as both relatively high as well as relatively low. Some examples of status inconsistency include an intelligent graduate student who has to work as a dish washer to pay for bills, or a wealthy man who is a serving a prison sentence and is adjusting to a sub par lifestyle.
1. The American government guides the overall pace of economic activity. Its goal is to maintain steady growth, high levels of employments and price stability. It is best achieved by adjusting spending and tax rates ( fiscal policy ), managing the money supply and controlling the use of credit ( monetary policy ). The government can slow down or speed up the country's economy's rate of growth which affects the level of prices and employment. Another role of the government in the economy is to correct market's failures, provide public goods and enforce competition.
2. During the recession that followed the Great Depression for example, the government cut taxes to curb competition and increased the money supply via the control of interest rates. During a financial crises in any given time, the government tried to guarantee secure loans, bail out some troubled banks and adjust the money supply.
3. The federal budget has an affect on jobs, investments, economic growth and the standards of living of ordinary people. Tax cuts benefit many companies and individual businesses, and so do interest rates. Governmental investments in infrastructure and various projects ( education, health care ) have a direct affect on ordinary people, as the level of governmental spending on them reflects the level of services provided and received.
I believe the answer is: Schematic
Schematic refers the tendency to put a certain information in a simplified manner so it is easier for our mind to understand it. While this tendency might be helpful in some learning process, using it to evaluate our politic would tend to make people unable to hear the other side's opinion regarding the topics that we oppose.
