Answer:
The last factor distinguishes the US economy from the pure market model: low government intervention and regulation.
Explanation:
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decrease
Shortage<span> is a situation in which quantity demanded is greater than quantity supplied.</span>
When quantity supplied is equal to quantity demanded, it is called equilibrium of demand. Both supply and demand are equal.
<span>When quantity supplied is greater than quantity demanded, it is called surplus. Excess supply of goods are called surplus.</span>
Answer:
Development of society means transformation of social structure it is needed to transform.
Explanation:
Biologist study life while psychology study the mind of living things.
Biologist use fossils and technology as clues while psychologists use expermentation and observation.
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Answer: Option(a) is correct option
Explanation:
Normative statements are the statements that include value that is used for describing desirability and undesirability of situation.It is based on further requirements, need and perspective.
According to the question, statement that provide description about world should be is a normative statement as it describes the possible requirements for world .
Other options are incorrect because descriptive statement is based on objective and facts. Economist hired by government or in scientific field is not described through world description. Thus, the correct option is option(a).