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If the government increases its spending when the economy is expanding, automatic stabilizers <u>will decrease</u> the government spending multiplier.
An economy is a region where products and services are produced, distributed, traded, and consumed. It is generally understood to be a social domain that places an emphasis on the behaviors, discourses, and tangible manifestations connected to the creation, utilization, and management of finite resources.
One's culture, values, education, technological advancement, history, social organization, political structure, legal system, and natural resources are all major determinants of an economy's processes. These elements determine the parameters and conditions under which an economy operates in addition to providing background and content.
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Answer:
B. It is a common form of economic thinking
Explanation:
Thinking at the margin is a pattern of thinking where the thinker thinks forward with regard to the coming hour, the coming day, or coming income, while letting the past to go and considering what is presently best for the the thinker or in the coming times.
Thinking at the margin involves thinking ahead, and in economics principle, thinking at the margin is required for making rational decisions
An example of thinking at the margin is deciding to by more pasta for the month than required when there is a scarcity of a brand of pasta and the inflation, which may both be due to the introduction of better brand of pasta by the manufacturer causing a delay, and a temporary inflation respectively
Therefore, thinking at the margin is a common form of economic thinking
Answer:
b. mental set in his problem-solving.
Explanation:
Hello! Instead of doing homework in the traditional way and only using one way to solve algebra exercises, Rylee strives to find different options and techniques. Not falling into the monotonous is his work style, nor using the same techniques that I use to solve a previous exercise since that gives more room for error.
If the Confederacy had been a separate nation, it would have ranked as the fourth richest in the world at the start of the Civil War. The slave economy had been very good to American prosperity. By the start of the war, the South was producing 75 percent of the world’s cotton and creating more millionaires per capita in the Mississippi River valley than anywhere in the nation. Slaves represented Southern planters’ most significant investment—and the bulk of their wealth
