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Lesechka [4]
2 years ago
11

After Rachel bought a magazine subscription, she does not enjoy the articles in the magazine. However, she dutifully reads the e

ntire magazine every month because she had already paid for the subscription and feels the money will be wasted if she does not read it. What psychological factor associated with behavioral economics explains Rachel's behavior
Social Studies
1 answer:
satela [25.4K]2 years ago
8 0

Answer:

The sunk cost fallacy

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Can anyone of you guys help me with this <br><br>each question is one point
kodGreya [7K]

Answer:

hope this helps

Explanation:

20) c and a

21) b

22) a

23) c

24) a

25) stamp act

26) The present United States Constitution replaced the Articles of Confederation on March 4, 1789.

27)No central leadership (executive branch)

28) Congress had no power to enforce its laws.

29)speech,

30) religion,

31) press,

32) assembly,

33) the right to petition the government.

7 0
3 years ago
A record number of layoffs at Andrew's place of employment has everyone on pins and needles. The employees want to make sure the
Romashka [77]

Answer:

three-dimensional power

Explanation:

The answer is three-dimensional power.

It is mentioned here that a number of employees are terminated or under suspension at Andrew's place of employment.

The employees are in a state of fear and nervousness and hey are willing to work overtime at the weekends to increase their productivity and performances. They are doing this to please their bosses and so that they are not terminated form their job.

This scenario where people submit themselves to the higher authority in fear or in order to please them shows a "three-dimensional power" of that higher authority.

By this the boss can make their employees to work hard to any extend.

Thus the answer is "three-dimensional power".

7 0
3 years ago
Write a two paragraph persuasive essay on how important economic resources are in society
Tema [17]

I would suggest the main importance of economics is helping society decide on the optimal allocation of our limited resources. The fundamental problem of economic is said to be scarcity - the idea that wants (demand) is greater than the resources we have. Frequently we face choices on:

What to produceHow to produceFor whom to Produce

Economics helps to decide on questions like this. More specifically economics is important in these areas.

How to manage the macro economy.

Economists can advise governments how to manage the economy and avoid problems such as inflation and unemployment. Both inflation and mass unemployment can be devastating for society. Economists argue that both can be avoided through careful economic policies. For example:

Policies to reduce unemploymentPolicies to reduce inflation

If economics can help reduce unemployment, then it can make a big improvement to economic welfare. For example, the mass unemployment of the 1930s great depression, led to much political instability and the rise of extremist political parties across Europe.


However, the problem is that economists may often disagree on the best solution to these problems. For example, at the start of the great depression in 1930, leading economists in the UK Treasury suggested that the UK needed to balance the budget; i.e. higher taxes, lower unemployment benefits. But, this made the recession deeper and led to a fall in demand. 

It was in the great depression that John Maynard Keynes developed his general theory of Employment, Income and Money. He argued that classical economics had the wrong approach for dealing with depressions. Keynes argued that the economy needed expansionary fiscal policy. - higher borrowing and government spending.

2. Overcoming Market Failure.

Generally it is considered that free markets offer a better solution than a planned economy (Communist) However, free markets invariable lead to problems such as

The over production of negative externalities (e.g. pollution)The underproduction of goods withpositive externalities (e.g. education, health care, public transport).Non provision of Public Goods


An economist can suggest policies to overcome these types of market failures. For example

Tax negative externalitiesSubsidise public services like health care and education.

The importance of economics is that we can examine whether society is better off through government intervention to influence changes in the provision of certain goods.

Some Topical Issues Economists are concerned with
Carbon Tax - should we implement a carbon tax to reduce global warming.Should we tax fatty foods?Arguments for Road pricing
Efficiency

Another area where economists have a role to play is in improving efficiency. For example economists may suggest supply side policiesto improve the efficiency of an economy.

Individual Economics

Economics is also important for an individual. For example, every decision we take involves an opportunity cost - which is more valuable working overtime or having more leisure time?

8 0
3 years ago
Yasui Y, Hannon CP, Seow D, Kennedy JG. Ankle arthrodesis: A systematic approach and review of the literature. World J Orthop. 2
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A systematic approach and review of the literature. World J Orthop.

<h3>What is  literature?</h3>

Literature, in its broadest sense, refers to any collection of written work, but it is also used more narrowly to refer to writings that are specifically considered to be an art form, particularly prose fiction, drama, and poetry. In recent centuries, the definition has been broadened to include oral literature, much of it transcribed.

Among the various ways to organize your literature review are: Topical arrangement (by main topics or issues, showing relationship to the main problem or topic) Listed in chronological order (simplest of all, organise by dates of published literature) Order of problem-cause-solution

The earliest examples of written literature, like the wheel, cities, and law codes, appear to have originated in ancient Mesopotamia. Around 3400 B.C., the Sumerian civilization began to develop writing when they began making markings on clay tablets in a script known as

To know more about  literature follow the link:

brainly.com/question/760210

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4 0
1 year ago
What are some con's for the 9th amendment
scoray [572]
There aren't no con's on the 9th ammendment
4 0
3 years ago
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