It creates the need for natural resources
It created a demand for larger markets in which to sell the surplus slave labor
It created new agricultural techniques that required Europe to find farmable land overseas
a. Approximate real rate of interest 4.23%
b. Exact real rate of interest 2.78%
a. Calculations to determine the approximate real rate of interest in percent.
Using this formula
Approximate real rate of interest=Risk free rate - Inflation rate
Let plug in the formula
Approximate real rate of interest = 9.44% - 5.21%
Approximate real rate of interest = 4.23%
b. Calculations to determine the exact real rate of interest in percent
Using this formula
Exact real rate of interest= (Risk free rate-inflation) / (1+inflation)
Let plug in the formula
Exact real rate of interest= (9.44% - 5.21%) / (1 + 5.21%)
Exact real rate of interest=4.23% / 1.521%
Exact real rate of interest= 2.78%
Inconclusion:
a. Approximate real rate of interest 4.23%
b. Exact real rate of interest 2.78%
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<em>This refers to the rebounding aspect of social contract -- on the government's behalf of course -- in which the citizens have the power to overthrow or replace a government if it misuses its powers, breaking the social contract.</em>
<em>This quote in particular states that it is the government's duty to protect the rights of the people -- rather than taking advantage of the people.</em>
Answer:
monopolistic competition and oligopoly.
Explanation:
The right answer is <em>“they are tried in civil court” (A). </em>Civil court is a government institution that take cases between two or more entities. Its cases can involve private citizens, business, government institutions or any parties. Its main objective is determining liability of one party for the injuries that the other party had suffered.