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raise spending to stimulate the economy
It was used to recognise the value of people (High and Low) and gave opportunities and respect to the high class people and not to the low class. Anyways, this was not a good idea as it discriminated people. In present India, caste system is not used as it causes Inequality.
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No one knows what was Khufu favorite color. But all we know is that he was the second pharaoh in the fourth dynasty of the old kingdom of ancient Egypt.
Veterans are America's heroes because they fought against other countries for independence and they help save lives during the war.
Answer:
C) All factors other than the price of bananas (for example, consumer tastes and incomes) are assumed to be constant
Explanation:
When developing an economic model, only a limited number of variables can be taken into account for the sake of simplicity and understanding. Economic models never give a full picture of reality, only an approach.
The economic model alluded in the question is perhaps the most famous of all: the supply and demand model. It tells us that, assuming all else constant, the higher price, the less quantity is demanded, and the lower the price, the more quantity is demanded.
