Answer:
Option E (a and d), is the right answer.
Explanation:
Option E is the correct answer because increasing aggregate demand results in increasing income, output, and employment. In an economy, when the aggregate demand increases, the price level also goes up. Due to the rise in aggregate demand the aggregate demand curve shifts rightwards. Consequently, it shows that there will be an increase in the gross domestic product in the short run. That is why option E is correct.
Answer:
B) trust.
Explanation:
In psychology, the term "trust" is being used by Erik Erikson in his psychosocial development. It is being used in the first stage of the theory named "trust versus mistrust".
According to Erikson, if a child's need is being fulfilled, and he or she receives the care and love which is therefore reliable, consistent, and persistent then the child will gain or develop a "sense of trust" on his or her caregivers or parents that will further help the child to gain insight for another relationship as well and feels secure if threatened.
In the question above, the given statement states that Jessica will resolve the first crisis of trust.
Answer:
In this situation, participants:
Believed in diagnostic information but they simply didn't pay attention to the base rate.
Explanation:
- Kahneman and Tversky did experiments in the fields of psychology.
- The base rate is such a phenomenon in the field of psychology which tells us that certain number of population will show certain characteristics. So, in our case the base rate is the information that proportion of people in the overall population who are lawyers or engineers.
- But the participants made judgments about the likelihood that certain people with certain characteristics were lawyers or engineers.
1. What is the difference between currency and the money supply?
Currency is the type of money being used (for example the Japanese Yen or the American Dollar). While money supply is the amount of money in an economy and the money being used.
2. How do banks make profits?
They make profits by giving loans and them collecting with interest.
3. Why might you want a loan to start a business?
One might want a loan to start a business because not every person has large amounts of money to start and maintain a business, so many will go to a bank to start-up.
4. What is the Federal Reserve?
The Federal Reserve is the central banking system of the United States.
