Wealth gap or wealth inequality is the inadequate dispersal of assets among the residents in a specific country. It will get Economic growth will likely decline over time.
Answer:
<h3>I think the right answers are:</h3>
acts as a medium of exchange
gives a measure of value
serves as a store of value
Explanation:
I hope it will help!!
We might say that Maya lives in absolute poverty.
Answer: B. an output of the product that is less than the amount consistent with ideal economic efficiency
Explanation: Economic efficiency is the state in which all available resources are optimally allocated to serve each individual or entity in the best way while reducing to the minimum, waste and inefficiency. In reality, economic efficiency has shown that nothing can be improved without something else being hurt.
When competitive forces are weak, it leads to decrease in output as economic efficiency is only maximized when price is equal to marginal revenue because at this point both profit and efficiency are maximized.
<em>The answer is A. You could add statement A to the claim 3 as a supporting sentence. </em>
The outline is a little bit unbalanced as regards the supporting ideas. I would eliminate sentence C from claim 3. It doesn't contribute to the claim's main idea and it's just a generalization but not an important piece of information.
Also, you could make a separate claim related to the government's role in a free enterprise system and use sentences C, D, and C (from the last part) to support it.
