Answer:
The correct answers are: Normative; Positive.
Explanation:
The positive economy is based on specifying and demonstrating what is happening in the economy, responds to economic issues from reason and with an objective point by which things happen, focuses on determining everything that could affect it and the results that will be obtained by final.
No advice is given to remedy economic problems, rather, it describes the problems that affect the economy without mentioning whether the results will be positive or negative.
Your answer is D - petroleum.
the area around the Persian Gulf is desert so can't be the water, coal or cattle. But here it can be found large underground reserves of Petroleum.
Answer:
a. an increase in output and an increase in the price level.
Explanation:
If Aggregate Demand increases, this will result in an increase in output and an increase in the price because short run <u>aggregate demand measures total output for a single nominal price level</u>
<u>In the long-run, increases in aggregate demand cause the price of a good or service to increase. When the demand increases the aggregate demand curve shifts to the right. </u>
<u>Also, increased demand for a product in the long run will lead to increased output being supplied.</u>
The aggregate supply determines <u>the extent to which the aggregate demand increases the output and prices of a good or service.
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Answer: internet advertising
Explanation: ape