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11Alexandr11 [23.1K]
3 years ago
9

What occurs when there is a temporary contraction of the economy and no economic growth for two years?

Social Studies
1 answer:
posledela3 years ago
4 0

Answer:

A

Explanation:

Recession

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3 years ago
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Why do economists study the perfectly competitive​ model?
GuDViN [60]

Answer:

D. All of the above.

Explanation:

Their are many reasons why economists study the perfect competition model but we will focus on the options given and it is certified that all of them are the reason for this. Because it is used as a benchmark to compare with other market structures etc.

Firms can enter and leave the market without any restrictions , therefore, there is free entry and exit into and out of the market.

A perfectly competitive firm is known to be a price taker because the pressure of competing firms forces them to accept the prevailing equilibrium price in the market. If a firm in a perfectly competitive market raises the price of its product by so much as a penny, it will lose all of its sales to competitors.

7 0
3 years ago
What was a major problem with the central government under the Articles of Confederation?
natta225 [31]
They could only request troops and soldiers because they didnt have an army, hope that helped :))
7 0
3 years ago
Plzz help i will give you a five star
labwork [276]

Answer: D

Explanation:

I wrote the explanation in the comment section. Check it out if you want. :)

7 0
3 years ago
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A type of representative democracy based on the principles of equality and popular sovereignty is?
wlad13 [49]
Liberal democracy 
hope this helps!!
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