Answer:
The Income Effect states that if a change in prices causes consumers to have lower real incomes, then consumers would demand a lesser quantity of goods than normal.
Explanation:
In microeconomics, it is understood as the income effect one of the effects caused by the variation in the price of a product on its demand.
The income effect corresponds to the variation in the quantity demanded of a good (or service) as a result of the modification of the purchasing power caused by a change in the price of the good in question. When the price of a good changes, the purchasing power changes. If the price of the good falls, the purchasing power increases as the consumer can consume more units of that good or other goods. If the price of a good increases, its purchasing power falls since now its income reaches it for less units of the good while it has less resources to buy the other goods
Answer:
Yes
Explanation:
King Tut ruled Egypt until he died at age 16 or 17. Not much is known about the young king, he is not famous but archaeologists uncovered his tomb. In fact his tomb is more famous than he is.
Answer:
There were a lot of consequences because of the American Indian war and here are some of the consequences a lot of people died because of fighting for the war. they also died because they couldn't go out for food or they will get shot or get injured so they had to stay at home. a lot of Nez Perce Indians lost land because they evacuate to Canada where they were under British control. the Yakima war was started because Washington had they sign a tradie which was ignored or broken starting the war. because of this both Indian tribes didn't trust them anymore and wouldn't sign any more tradies.
Over the years of history, there have been several technological inventions that have improved the value of Human life. Some of these inventions dating as far back as 450CE are still in Use to this day.
Below you can read more about Technological inventions between 450CE and 1600CE that are still impactful to this day.
<h3>Technological inventions between 450CE and 1600CE</h3>
PAPER MONEY
Paper money is one of the most important inventions that is still useful to this that. The earliest known use of Paper money was during the Tang Dynasty.
This invention came handy at a time carrying large sums of money was difficult and there was shortage of supply of metal.
Also people needed a central value to carry out Trade.
WINDMILLS
Windmill is yet another invention withing the time frame that is still relevant to this day.
Windmill involves the use of wind to create energy. The first windmills were used to mill grain. The Persians were known to be the first to invent a functional windmill in the 9th Century and this had 'sails' that rotated horizontally instead of vertically as we typically see today.
Learn more about technological inventions at brainly.com/question/24839581
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1. Germany (along with Italy and Japan)
2. United Nations (capitalist and socialist influence organization)
3. Warsaw Pact (communist organization)
Hope this helps!