Answer: C. . I and III
Explanation:
Scarcity occurs when our want and the needs are more than the available resources that we have. In this case, we will then have to make a choice to be able to choose from the different alternatives that we have.
When we make a choice, the cost of the other alternative that we left is refered to as the opportunity cost. Therefore, the correct options are:
• The "highest-valued alternative given up to get something" is the opportunity cost.
• Scarcity creates opportunity costs
The statement that wealthy economies don't experience opportunity costs is wrong. Every nation experiences opportunity cost.
Answer:
yes that is true
Explanation:
it is true because I I agree and my mental mind gave me the same answer
The correct answer would be option B, Creditors.
Creditors are the ones who are most hurt by inflation.
Explanation:
Inflation is the rise in the prices of goods and services. It is actually the depreciation in the value of money. Suppose if at one point of inflation, a product is purchased at $5, then if the inflation rises then the same product will now be purchased in say $6. This is how inflation affects the value of money.
The creditors who gave loans to others will be most affected by the increase in inflation, because they will receive the same amount of money back but with the decreased value of the money. Suppose, they gave $5000 loan to someone, and with the increase in inflation the value of money will decrease but they will still get the credited amount, which will be a loss for them.
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So far there have only been two us presidents who were impeached and removed from office,Bill Clinton and Andrew Johnson, but later on the senate acquitted them.
Answer:
test of courage
Explanation:
The Alchemist explains he needed to test Santiago’s courage, and that Santiago must not give up on his personal legend.
