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rodikova [14]
3 years ago
7

Microeconomics and

Social Studies
1 answer:
gregori [183]3 years ago
6 0

Answer:

Macroeconomics deals with the economy as a whole and so deals with how variables such as government spending and interest rates will affect the entire economy not just single entities.

Microeconomics on the other hand, deals with individual entities in the economy and how various variables and decision making will affect them.

A nation prints more money, causing inflation. MACROECONOMICS.

This affects the entire nation not just single entities so it is macroeconomics.

A local store has a buy one, get one free sale. MICROECONOMICS.

This relates to the actions of a single entity in the economy so falls under microeconomics.

Oil production decreases, and gas prices rise nationwide. MACROECONOMICS.

As this concerns the entire nation, it is therefore under the realm of Macroeconomics.

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The Due Process clause can be defined as a clause that 'due the process' of law, before the government takes action against someone for depriving of 'life, liberty, and property.'

In the Fifth Amendment, the due process clause gives equal protection to those held in criminal offenses. The due process clause of the Fifth Amendment ensure fair legal proceedings.

The due process clause in the Fourteenth Amendment, on the other hand, provides equal protection to it's citizens restricting federal governmental interference.

Therefore, the similarity between the due process clauses in the 5th and the 14th amendment is that both gives equal protection. The contrast is that in the 5th Amendment, due process takes place by the federal court, whereas in the 14th, it takes place by the federal government.

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