Answer: stratified consumption
Explanation:
According to Simmel (1904-1971), people form higher levels of the stratification system constantly try to distinguish their consumption habits from that of people from lower levels.
For example, when it comes to fashion, people from the elite tend to show their capacity to afford the latest trends. But people from lower levels of the stratification system usually copy those trends in cheaper versions, forcing the elites to continuously update their wardrobe to the latest trends. The same applies to other forms of consumption, such as cars, activities and even ideas.
The jurist's exerting himself to the utmost of his capacities to arrive at a considered opinion with respect to a legal judgment.
A country has adopted a dirty-float system over a clean-float system. In doing so the country allow its currency to be fixed to U.S Dollar.
A clean float, also known as a pure exchange rate, happens when a currency's value or exchange rate is solely determined by market supply and demand. A dirty float, which happens when governmental regulations or laws have an impact on currency pricing, is the opposite of a clean float.
Since there are no restrictions on capital flow, markets are able to allocate resources (including financial capital) effectively. Additionally, changes in the nominal exchange rate account for the majority of adjustments to both domestic and foreign shocks.
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