Answer:
claims of fact, claims of value, and claims of policy
Each type of claim focuses on a different aspect of a topic. To best participate in an argument, it is beneficial to understand the type of claim that is being argued.
Answer:
D
Explanation:
With reports of the threat of recession, Federal Reserve Chairman Alan Greenspan said tax cuts could work but must be offset with spending cuts. Bush argued that such a tax cut would stimulate the economy and create jobs.
About a nickel.
The oldest statistical data I can locate doesn't have information earlier than 1913, but in 1913 the average loaf of bread was shown at 5.6 cents. This was as reported in <em>Historical Statistics of the United States: Colonial Times to 1970 (volume 2),</em> as published by the <span>U.S. Department of Commerce.</span>
Or, as another example, the Denver post reported that in 1912 Hurlbut's--which was then a grocery store in Denver--advertised "<span>six loaves of 'homemade' bread for 25 cents," which would work out as a special price less than 5 cents per loaf for the store's bakery bread. (Source: "A Titanic Difference in the Cost of Living 100 Years Later, <em>The Denver Post, </em>March 16, 2012.)</span>
3) Consumer sovereignty concerns the principle of hedonism, individualism and, as some economists often say, selfishness, or exacerbated individual freedom, where the human being has complete freedom to do, whatever he wants and understands and, anywhere, nothing interferes with the decisions of those who need to satisfy their needs. This economic philosophy adopts the principle of laissez faire, or in other words, what works is Adam Smith's infamous <u>invisible hand</u>, or more clearly, the system where the government does not interfere in the economy, it exists only to coordinate the political and social system, without active participation in the development of economic activity. It is what is called in the classic and neoclassical language, an economy of free competition, that is to say, everyone is free before their preferred choices.
4) The economic system in the US is <u>free enterprise.</u> Free enterprise is a principle that establishes the possibility for ordinary people to participate in the market without the need for authorization or approval by the State. If you have the possibility to open a company, sell a product and negotiate the price that is right for you, you owe it to the principle of free enterprise.
The government has a fundamental role in the economic system, such as legislating, placing wealth in the market, as well as inspecting these systems.
5) The price floor wage is the lowest wage a company can pay for an employee. It is established by law and is reassessed every year based on the cost of living of the population, its creation was made based on the minimum amount that a person spends to guarantee their survival.
The most common price floor is the minimum wage--a minimum price that can be payed for labor.
