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The correct way to answer the question: According to the theory of new classical economics, if business sentiment and investment spending decreases, the aggregate demand curve: shifts to the left and the price level falls, while aggregate output: decreases.
Explanation:
The balance of an economy, anywhere in the world, is pretty complex thing. In order to understand both the short-term, and long-term ways in which the economy of a country may respond to different factors, but most especially to GDP, which is the measure of how much, and how well, a country is producing and supplying a demand for certain goods and services, it is necessary to understand both a theory known as the short-term Keynesian analysis and also the neoclassical theory of economics, which applies to long-term macroeconomics. In the case shown above, the point of start is the potential GDP, which will mark the real GDP of a country. The second point is the aggregate supply and demand markers that indicate how an economy is doing with respect to potential GDP. If investement is not placed into an economy, and business sentiment decreasese, it means that productivity will drop, and the aggregate demand curve turns to the left as many other factors are also driven down. Since aggregate output means the amount that is produced in goods and services, the lesser the business interest and spending, the lesser production there will be.
The great agreement, also known as the Connecticut Compromise, settled the question of participation, which threatened to derail the entire constitutional convention.
<h3>What is constitutional convention?</h3>
Constitutional Convention, refers to the meeting held for making the constitution of the particular country. It provides the guidelines regarding the fundamental law of the country.
The Connecticut Compromise is the deal that resolved the participation issue that threatened to destroy the whole constitutional convention. It provides the equal representation of the house of representative and senates.
Therefore, it can be concluded that Connecticut Compromise is settled the question of participation.
Learn more about Constitutional Convention here:
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Due to the Earth's tilt, more of the Sun's rays directly hit a particular region of the Earth during the summer months than during the winter months. As a result, the average temperature is increased during the summer.
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<u>1) Why did the critics assign this derogatory term to Henri and his followers?</u>
Because the Ashcan School was creating an art form that portraits the day by day life of ordinary and humble people, and the detractors didn't believe that this was important. The term 'Ashcan' was often used, before the formation of this art movement, to describe art forms that were not understood or accepted by the audience. An ordinary art form.
<u>2) How was realism of this twentieth-century group different from realistic representation of the nineteenth-century?</u>
Because the members of the Ashcan School were focusing to portrait the urban life, while the 19th century realism wanted to do the opposite, choosing to paint the natural elements.
<u>3) Select a work of art by one of the followers of the Ashcan School and one of the nineteenth-century realistic paintings to illustrate your discussion.</u>
For this question, I think that the paintings you need to choose to ilustrate must contrast the ideas of these groups (Ashcan School and the traditional realism). Then, I believe that 'Hester Street' executed in 1905 by George Luks is a good choice, because it's portraits excacly what the Ashcan School wanted to do with art. On the other hand, 'The Cotton Pickers' (1876) or 'Long Branch, New Jersey' (1869), both executed by Winslow Homer, are a good counter argument.
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