Answer:
Johan Vaaler invented the paper clip.
Explanation:
Answer:
When comparing two producers, whoever has the lower opportunity cost has the comparative advantage. Producing according to comparative advantage works for individuals, regions, and even countries. Spudville and Appletown can produce both potatoes and apples.
Explanation:
Hope this helps!
The Federal Reserve considers "overinflation," that is inflation to an excessive degree, to be <u>D. above 3%</u> annually.
<h3>What is inflation?</h3>
Inflation is a decrease in the purchasing power of a currency due to the rising prices of goods and services in an economy.
Some of the causes of inflation are:
- Exchange rate changes
- Increased demand
- Increasing national debt
- Governmental regulations
- Increased production costs, etc.
Thus, tThe Federal Reserve considers "overinflation," that is inflation to an excessive degree, to be <u>D. above 3%</u> annually.
Learn more about inflation at brainly.com/question/8149429