Answer:
If different states had different currencies, things would be more or less expensive, making it difficult to have a stable economy.
Explanation:
If they were to have different currencies were to be different, you could only know how much money a certain state has because it's different.
The tendency to exaggerate the correctness or accuracy of our beliefs and predictions is called.
Knowing the past inclination is a mental peculiarity that permits individuals to persuade themselves after an occasion that they precisely anticipated it before it worked out. This can lead individuals to presume that they can precisely foresee different occasions.
Knowing the past predisposition is concentrated on social financial matters since it is a typical falling flat of individual financial backers.
It makes overconfident in one's capacity to foresee other future occasions and may prompt pointless dangers.
"Man has lost the capacity to foresee and to forestall, he will end by destroying the world." (Albert Schweitzer)
to learn more about individuals
brainly.com/question/10140999
#SPJ4
The answer would be Yes or True.
If the world price of cotton falls, firms will be less willing to supply cotton. Therefore, fewer cotton firms may open, or few people will be employed in the cotton-producing industry; therefore, the demand for labour for cotton-producing firms in South Carolina will decrease.
Since the world price of cotton falls, a textile-producing firm in South Carolina which uses cotton as only one aspect of their textiles, textile firms can buy more cotton since it's cheaper and will reduce costs. Since this is the case, the demand for cotton will increase. Because of this, more textiles need to be made, and so the demand for labour increases as a result.
The unemployment resulting from such sectoral shifts in the economy is best described as structural since demand for labour is decreasing in the primary sector and increasing in the secondary sector of the industry.<span>
</span>
