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Dvinal [7]
2 years ago
11

In a brief paragraph, explain why Liechtenstein’s per-capita GDP is so high. Cite your sources, explain why your sources are rep

utable, and summarize the strengths and weaknesses of each source.
Social Studies
1 answer:
Murrr4er [49]2 years ago
4 0
<span>Gross Domestic Product (GDP) is an economic measure of a nation's total income and output for a given time period (usually a year). Economists use GDP to measure the relative wealth and prosperity of different nations, as well as to measure the overall growth or decline of a nation's economy.</span>
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Chapter 12 notes that researchers such as Kahneman and Tversky are pessimistic about our decision-making skills, whereas researc
adell [148]

Answer:

"the pessimists underestimate our decision-making accuracy because of factors such as choosing questions that contradict people's schemas"

Explanation:

Thaler is together with Daniel Khaneman one of the parents of behavioral economics. This branch focuses on explaining and even looking for meaning in our economic behavior. In other words, why we make the decisions we make regarding our money.

In many social sciences, two different points of view about our rationality coexist today: the pessimist, who sees our limitations as systematic errors at the root of our possible irrational behavior; and the optimist, who conceives these limits as ecological advantages. The first point of view, the pessimist, is maintained by Tversky and Kahneman in their research program on heuristics and biases, and is also based on the theory of "little shoves" or nudges, which Thaler and Sunstein propose following that approach of Tversky and Kahneman.

The second, the optimist, has been developed by Gerd Gigerenzer and the Center for Adaptive Behavior and Cognition (ABC) at the Max Planck Institute for Human Development, and by other evolutionary psychologists such as Leda Cosmides and John Tooby.

4 0
3 years ago
Average number of years that a person born in a particular year can expect to live.
Gekata [30.6K]

Egenuity says, Life Expectancy ^-^

5 0
3 years ago
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How can forced segregation by race best be described in the united states?
WINSTONCH [101]
All of the above but in terms of United States government and History the answer is C.) Unconstitutional.
6 0
3 years ago
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Everything else held​ constant, if the federal government were to guarantee today that it will pay creditors if a corporation go
qaws [65]

Answer:

decrease, increase.

Explanation:

Since the federal government has guaranteed that they will pay creditors if in case the corporation goes bankrupt in the future. This will result in a fall or decrease in the interest rates of the corporate bonds and the interest rates on the treasury will increase.

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How did Kepler's first law support the idea of a heliocentric solar system?
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Kepler's first law says the planets orbit the Sun in elliptical orbits.
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