Answer:
A. A valid contract s long as the court can determining a reasonable price at the time for delivery
Explanation:
Answer:
B. They are wants related to needs in Column A
Explanation:
The question is incomplete!!!
Please refer the complete question below:
Which of these is true of the items in Column B in relation to Column A?
Column A- water, safe housing, shirt
Column B- coffee, beach house, designer blouse
Answer Explanation
Needs are based on physiological, personal, or socio-economic requirements necessary for you to function and live, like water, safe housing, etc in Column A
Wants are a means to fulfilling our need like coffee, beach house, etc in Column B
Answer:
The correct answer is option E.
Explanation:
The Philips curve shows the inverse relationship between inflation and unemployment. The Philips curve, in the short run, is downward sloping L shaped indicating this inverse relationship.
But according to economists, in the long run, there is no trade-off between inflation rate and unemployment. The inflation and unemployment are related in the short run, they are not related in the long run.
The long-run Phillips curve is a vertical line at the point of the natural rate of unemployment.