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Rashid [163]
3 years ago
15

Why are economists important?

Social Studies
1 answer:
Reika [66]3 years ago
3 0

Answer:

Economists are important because they study a certain resource and figure out how to distribute it to others to get as well.

Explanation:

For example, An Economist might be studying a very scarce resource. This resource is something that is needed in everyday life. What an economist will do is find a way to make sure this resource is available to everyone. They could so this by creating another version of it or a different kind of it to distribute. Then they are helping the economy.

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The sacrifice ratio is the A. sum of the inflation and unemployment rates. B. number of percentage points annual output falls fo
fiasKO [112]

Answer:

B. number of percentage points annual output falls for each percentage point reduction in inflation.  

Explanation:

The Sacrifice Rate is the loss of output due to the fight against inflation, and can be expressed as how much product is lost to reduce inflation by 1 percentage point.

The Sacrifice Rate is a proposition by economist Robert Lucas Jr, who noted that the slowdown in long-term inflation is associated with a reduction in the production of goods and services for a certain period until economic agents adapt to the new reality. pricing and restructuring their expectations of the economy. Therefore, the social cost of fighting inflation is a reduction in GDP and an increase in the unemployment rate.

Based on this context, we can conclude that the correct answer to your question is the letter B.

8 0
3 years ago
In behaviorism, if a behavior increases it is concluded that the person has free will and wanted to do it again the behavior has
dlinn [17]

Behaviorism (or behaviourism) is a systematic approach to understanding the behavior of humans and other animals. It assumes that all behaviors are either reflexes produced by a response to certain stimuli in the environment, or a consequence of that individual's history, including especially reinforcement and punishment, together with the individual's current motivational state and controlling stimuli. Although behaviorists generally accept the important role of heredity in determining behavior, they focus primarily on environmental factors.

6 0
3 years ago
When seeking sensitive information, such as financial or sexual information, it is probably best to use _____?
ki77a [65]
When seeking sensitive information, such as financial or sexual information, it is probably best to use questionnaires that are self administered. This is because the subjects can freely express themselves about these issues with themselves than talking to other people.
7 0
3 years ago
California law makes it mandatory that every vehicle (except a motorcycle) have 2 functional tail lamps that are visible _______
steposvetlana [31]

Answer:

from all distances within 1000 feet.

Explanation:

California law has made it mandatory for every vehicle to have 2 functional tail lamps that are visible from all distances within 1000 feet.

This step is taken by California lawmakers to ensure road safety for the people on the road.

Most of the accident took place in the dark, vehicles are not properly visible so, to avoid the chances of the accident this law was made mandatory.

7 0
3 years ago
Which of these would have the GREATEST impact in limiting the growth of cities in the Middle East/Southwest Asia? A) water suppl
alisha [4.7K]
Probably a. water supply
7 0
4 years ago
Read 2 more answers
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