Option A
The stabilization of the market represents what Merton would describe as a latent function of education.
<u>Explanation:</u>
A latent function is one that is not consciously planned, but that, although, has a helpful impact on society. Latent functions are neither purposive nor leisurely but also provide benefits.
Latent functions of the institution of education involve the development of friendships among scholars who enroll at the corresponding school; the prerequisite of entertainment and socializing events and supplying poor students lunch when they would contrarily go hungry. Latent functions are that they usually go overlooked or uncredited, that is except they create negative outcomes.
Answer:
Governments can use wage and price controls to fight inflation, but that can cause recession and job losses. Governments can also employ a contractionary monetary policy to fight inflation by reducing the money supply within an economy via decreased bond prices and increased interest rates.
Explanation:
Answer: Cultural diversity is important because our country, workplaces, and schools increasingly consist of various cultural, racial, and ethnic groups. ... Learning about other cultures helps us understand different perspectives within the world in which we live. :)
Explanation:
Answer:
<h2>B. They assume the pattern of the past will continue into the future</h2>
Explanation:
Quantitative Forecasting Method is a statistical method used to make prediction about the future by using data and previous effects to predict about the future events.
These methods are based on mathematical models and are mostly objective. They depend on the mathematical calculations. Delphi method, Sales force polling and Consumer surveys are some of the methods used in Quantitative forecasting.
In all the techniques experts study the past patterns and try to predict the future on its basis, the previous pattern may or may not repeat itself.
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