House of Lords is the upper house of the Parliament in the United Kingdom. The members of this house are called Peers, and they are often chosen for life- by the Queen.
This means that they're not elected, so the sentence "Members are elected by their respective districts" can only refer to the House of Commons.
Answer: Cost of living adjustments
Explanation:
Cost of living adjustments could be described as a system built to seek increase benefits that affects man alongside inflation, this is done to have an upper hand against inflation. Inflation sees that prices of commodity are escalated during it's period, this would affect many individuals if there is no system to help fight for their social benefit, if this is not done the people would be really affected and won't be able to afford many product in the market. This was the measure placed during the 1970's and 1980's to help fight inflation so people are not really affected.
Answer:
supply is less than demand
Supply is greater than demand
Explanation:
I think this is right because disequilibeium means loss or lack of stability in like supply and demand prices
Answer:
Roger decided to build the deck himself
Explanation:
This example illustrates the need to work based on the laws of comparative advantage. Roger needed a deck, he could have paid someone to build it for him, but somehow he identified the need to build his deck himself as he believed it was more costly to employ or pay someone to build the deck for him.
The law of comparative advantage explains the opportunity cost advantage a person/country has over other countries in producing a good or rendering a service. The entity with a comparative advantage can produce for less cost than the others.
