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choli [55]
2 years ago
8

What does it mean if a child is egocentric?

Advanced Placement (AP)
1 answer:
sergiy2304 [10]2 years ago
7 0
Answer:
Egocentric thinking is the normal tendency for a young child to see everything that happens as it relates to him- or herself. This is NOT selfishness. Young children are unable to understand different points of view. Hope this helps! :)
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Ap macroeconomics help
ANEK [815]

If the money supply increases and nominal GDP remains the same, then A. price level increases.

<h3>What is Money Supply?</h3>

This refers to the total amount of money that is in circulation in a country that usually increases spending.

Hence, an open market sale by the federal reserve will increase the interest rates because it would increase investment spending because an OMO sale decreases interest rates which make getting loans easier.

M= Money supply

V= Velocity

P- Price level

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Hence, with the increase in the money supply, then there would be an increase in the price supply.

Read more about money supply here:

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2 years ago
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