♥ Ocean navigation is when you are moving some sort of water craft from one place to another.
Geographic isolation could be caused by a number of environmental factors. If a population of people or species live on an island, amongst mountains, in difficult to navigate terrain, or deep into rainforest or forests generally these groups could experience geographic isolation. Geographic largely occurs if a population or group of people or animals live in a remote region of the world that has little access to others due to any number of geographic features.
A command economy typically has:
- The demand and the supply controlled by the government.
- Prices that are artificially controlled.
- Resource allocation is determined by macroeconomic considerations, as opposed to those of small firms or business owners.
The most famous example was that of the former Soviet Union.
Answer:
The correct answer is: d. is the reciprocal of the price level.
Explanation:
In economics, the term "purchasing power" refers to the amount of goods and services that a currency can buy. It is directly related to the price level as follows: when price decreases, people are able to purchase more goods and thus we say that purchasing power increased; on the other hand, when prices increase, people are able to buy fewer goods with the same amount of money, and thus we say that purchasing power decreased.
