Definition of absolutism<span>. 1 a :a political theory that absolute power should be invested in one or more rulers. hope this helps
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The Congress proposes a new law, then they run it by the president
<span>Great Britain's policy of governing it's colonies to build up its own gold supplies and to expand its own trade was known as </span>Mercantilism
Answer:
The correct answer is: d. is the reciprocal of the price level.
Explanation:
In economics, the term "purchasing power" refers to the amount of goods and services that a currency can buy. It is directly related to the price level as follows: when price decreases, people are able to purchase more goods and thus we say that purchasing power increased; on the other hand, when prices increase, people are able to buy fewer goods with the same amount of money, and thus we say that purchasing power decreased.
Answer:
I'm pretty sure it's c
Explanation:
Since if more people buy more than that means it's in high demand and they will make more money from the product.
