The opportunity cost in this scenario is Mikael's decision to forgo seeing Ouro Preto during his stay in Brazil.
Opportunity cost refers to the decision making process people use in terms of how they spend their time, resources, or money. This term refers to the loss that a person suffers by picking a certain option. In this case, Mikael does not want to cut his food budget. Instead, he picks to skip visiting Ouro Preto. So this represents how Mikael is losing out on seeing this site in order to eat the foods he wants while on vacation.
The kingdom is famous for producing bronze statuary comparable to the best craftsmanship of the European Renaissance is Benin.
The statement which expresses the central idea of the text is ''Since the Gilded Age, journalism has not been about making a profit, rather it has been about reporting the news''
Answer: Option C
<u>Explanation:</u>
Gilded age was the time period that was between the civil war and the first world war. Gilded age was the age when some of the people in the United States who were very rich, had assets and were very wealthy but the average people were not leading a very comfortable life and were there fore struggling. One of the industries which was also struggling was that of journalism and they could hardly earn money to survive and were not making any profits in their business.
The main way in which southern blacks lost rights in the years after the Thirteenth, Fourteenth, and Fifteenth amendments was that "<span>c. Some white southerners used state legislation, segregation, and violence to limit the freedoms of blacks," in the years after the Civil War. </span>
Answer:
Their is no difference between the fed and central bank except that the central bank is called "fed" in the U.S unlike how it is called in other nations of the world
Explanation:
The Fed (Federal reserve system) is the same thing as the Central Bank of the United State of America. It functions is the same but the name of the central bank in the United State is known as the Fed. It functions as the organ responsible for all monetary policies either through money supply, raise interest or lower it and any other policies to the growth and development of the economy of the U.S
However, it must be stated that there is no difference between the two other than the name that is called in the U.S
