Answer: Option(b) is correct
Explanation:
Positive economics is the field where economy is studied and analysed without predicting about its judgement in terms of goodness or badness. This theory defines about cause and effect that causes economic processes and behavior.
Other options are incorrect because operation of federal government and price level is not set by positive economics also does not describe value decisions and expectation about economy should operate. Thus, the correct option is option(b) .
The foundational challenge, Challenge of expansion and the deepening of democracy. Corruption among government officials, delayed justice, increasing poverty, health care, low literacy rate, over population.
People tried to change the minds of other by pathos, evoking feelings, brainwashing the youth which was the next generation, protest/marches, and unification
In an economic market system, where there is competition, the supply and demand of a good or service determines the price and vice versa. Thus, in situations where the price increases, the quantity offered tends to increase, because the offerers have a higher profit perspective. On the other hand, demand tends to decrease, as consumers perceive the price increase and decrease the demanded quantity. Conversely, in situations where the price goes down, consumers have a spur to buy more, but the bidders tend to shrink the amount offered because their prospects for profit diminish. If market mechanisms prevail, the economy tends to find an equilibrium price at which the supply and demand for paraffins will be equal.
They hoped to gain support to prohibit colonists encroaching into their territory in the Mohawk Valley.
