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adell [148]
3 years ago
6

Suppose that the economy is in long-run equilibrium. If oil prices rise significantly and firms become more pessimistic about fu

ture business conditions, then in the short run, we would expect that:
Social Studies
1 answer:
anygoal [31]3 years ago
6 0

Answer:

In the short term, we can expect an economic imbalance, with a decrease in the oil supply.

Explanation:

In relation to oil, a balanced economy means that the amount of demand for oil is equal to the amount of oil supply. In this case, the price of the oil becomes stabilized and fair in relation to demand and supply. However, if the demand for oil starts to increase disproportionately in relation to the oil supply, it will cause a disproportionate increase in oil prices. In the short term, this generates an economic imbalance and causes the supply of oil to be reduced, in order to avoid the scarcity of the product. The disproportionate increase in price causes consumers to lose interest in the oil, causing the demand for the product to fall.

Demand is consumer demand and supply is the amount of product that a company can provide.

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Answer:

c. conservation.  

Explanation:

Conservation: In psychology, the concept of "conservation" was proposed by one of the renowned psychologists named Jean Piaget and is described in the preoperational stage of the cognitive development theory at the age of four-five years yet it completely develops around seven-eleven years in the concrete operational stage.

The process of "conservation" is explained as the tendency of an individual to gain the capability of thinking logically that leads an individual to believe that a specific quantity will remain same irrespective of the container's adjustment with respect to the size or shape.

In the question above, the given statement signifies the concept of "conservation".

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Dr. Pulaski decided to replicate Solomon Asch's classic experiment of conformity to group pressure. If his results are consisten
mixer [17]

Answer:

A. approximately three-quarters (76 percent) of the subjects will conform to the group's judgment on at least one critical trial

Explanation:

Solomon Asch's conducted an experiment to determine how social pressure from a majoritywould affect a person to conform. In psychology, conformity is the likelihood of a person to follow the behavior of the social group an individual belongs to. In each experiment, a naive student was placed in a room with several other confederates who agreed in advance what their responses would be when presented with the line task without the real participant knowing. After line task was presented,  the confederates began answering the questions correctly. However eventually began providing incorrect answers based on how they had been instructed by the experimenters. They were 18 trials and the confederates provided 12 wrong answers. The purpose of this experiment was to see if the participant would conform to that of the others in the group.

The result at the end of the experiment showed that approximately three-quarters (76 percent) of the subjects will conform to the group's judgment on at least one critical trial.

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Answer:

Natural resources brought wealth and power.

Explanation:

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B

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<span>the House impeached the president, but the Senate failed to remove him</span>
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