1. Stagflation is a combination of increasing unemployment and increasing inflation (Option A). 2. The three consequences of the decline in demand during the Great Depression are represented by falling prices, declining output, and a surge in unemployment (Option A). 3. According to the wealth effect, when prices decrease, the purchasing power of assets increases and consumer spending increases (Option D). 4. According to the interest rate effect, a decrease in the price level causes people to decrease their money holdings, which decrease interest rates and increase investment spending (Option D). 5. If prices are constant, but there is an increase in the value of financial assets, aggregate demand shifts to the right (Option D).
1. Stagflation is a combination of: a) increasing unemployment and increasing inflation. This occurs when the economy is experiencing both high levels of inflation and high levels of unemployment at the same time. Therefore, the correct option is A.
2. The three consequences of the decline in demand during the Great Depression are falling prices, declining output, and a surge in unemployment. As demand decreased, businesses were unable to sell their goods and services at the same prices, leading to a decrease in output and an increase in unemployment. Therefore, the correct option is A.
3. Based on the wealth effect, when prices decrease, the purchasing power of assets increases and consumer spending increases. As prices decrease, the value of money and assets increases, allowing consumers to buy more goods and services with the same amount of money. Therefore, the correct option is D.
4. According to the interest rate effect, a decrease in the price level causes people to decrease their money holdings, which decreases interest rates and increases investment spending. As prices decrease, people have less need to hold onto money, leading to a decrease in interest rates and an increase in investment spending. Therefore, the correct option is D.
5. If prices remain constant and there is an increase in the financial assets value, aggregate demand shifts to the right. As the value of financial assets increases, consumers have more wealth and are able to spend more, leading to an increase in aggregate demand. Therefore, the correct option is D.
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Assume that Angela's feasible frontier for the production of grain on her farm is given by B = 16√h where h is the number of hours worked and h = 24-t, where t is the amount of free-time Angela takes in a day. Assume further, that Angela's utility relationship can be represented by the following linear relationship U = 2t +B a. Plot out Angela's feasible frontier and a selection of indifference curves [2 marks] b. Calculate the optimal amount of free time and grain Angela will choose. Show all calculations (4 marks) C. The government now imposes a tax of 5 bundles of grain on Angela. Calculate the optimal amount of free time and grain Angela will produce and consume. Compare your results with answer (b) and explain. [2 marks] d. Now assume that Bruno owns the farm, and has take-it-or-leave-it power. What is the maximum rent he could charge Angela?
A. To plot Angela's feasible frontier, we need to substitute h = 24 - t into the equation for B:
B = 16√h = 16√(24-t)
This gives us the relationship between B and t, which we can plot on a graph with B on the vertical axis and t on the horizontal axis. The feasible frontier will be a downward sloping curve.
To plot a selection of indifference curves, we can use the equation for Angela's utility:
U = 2t + B
For a given level of utility, we can rearrange this equation to get:
B = U - 2t
This gives us a linear relationship between B and t, with a slope of -2. We can plot a series of parallel lines with this slope, each representing a different level of utility.
B. To find the optimal amount of free time and grain, we need to find the point where an indifference curve is tangent to the feasible frontier. This will occur where the slope of the indifference curve is equal to the slope of the feasible frontier:
-2 = dB/dt = (16/2)(1/√(24-t))(-1) = -8/√(24-t)
Solving for t, we get:
t = 24 - (8/2)^2 = 20
Substituting this value of t back into the equation for B, we get:
B = 16√(24-20) = 16√4 = 32
So the optimal amount of free time is 20 hours and the optimal amount of grain is 32 bundles.
C. With the tax of 5 bundles of grain, Angela's utility function becomes:
U = 2t + B - 5
The slope of the indifference curve is still -2, but the intercept is now 5 units lower. This means that the optimal point will be at a lower level of utility, with less free time and less grain. To find the new optimal point, we can set the slope of the indifference curve equal to the slope of the feasible frontier as before:
-2 = -8/√(24-t)
Solving for t, we get:
t = 24 - (8/2)^2 = 20
Substituting this value of t back into the equation for B, we get:
B = 16√(24-20) - 5 = 32 - 5 = 27
So the new optimal amount of free time is 20 hours and the new optimal amount of grain is 27 bundles.
D. If Bruno owns the farm and has take-it-or-leave-it power, he can charge Angela the maximum rent that she is willing to pay. This will be equal to the difference between her utility at the optimal point and her utility at the point where she produces no grain and has 24 hours of free time:
Maximum rent = U(optimal) - U(no grain) = (2t + B) - (2*24) = (2*20 + 32) - 48 = 24
So the maximum rent Bruno could charge Angela is 24 units of utility.
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12) Which region do you think benefited more from canals - the
north or the south? Why?
Question 36
The short-run demand curve slopes downward because:
Question 36 options:
The labour supply curve slopes upward
of the law of diminishing marginal returns to labour
As employment levels increase, firms are forced to employ workers of lower quality
Of the wage elasticity of labour demand
Question 37
Suppose that the wage elasticity of labour demand is -0.55. Which of the following statements is true?
Question 37 options:
A $ 0.55 increase in wages corresponds to a 1 % decrease in quantity demanded of labour
A 0.55 % increase in wages corresponds to a 1 % decrease in quantity demanded of labour
A $ 1 increase in wages corresponds to a 0.55 % decrease in quantity demanded of labour
A 1 % increase in wages corresponds to a 0.55 % decrease in quantity demanded of labour
Question 38
If the wage elasticity of labour demand is inelastic, the labour demand curve will tend to be:
Question 38 options:
Vertical
Horizontal
Negatively sloped and relatively flat
Negatively sloped and relatively steep
The short-run demand curve slopes downward due to the law of diminishing marginal returns to labor. The wage elasticity of labor demand determines the magnitude of the change in the quantity of labor demanded for a given change in wages.
And if the wage elasticity is inelastic, the labor demand curve will tend to be relatively steep or steeply downward sloping, indicating that a small change in wages will result in a relatively small change in the quantity of labor demanded.
Answer to Question 36: The short-run demand curve slopes downward because of the law of diminishing marginal returns to labor. As firms hire more workers, the additional output produced by each additional worker decreases, leading to a decrease in the marginal product of labor and a downward sloping demand curve.Answer to Question 37: If the wage elasticity of labor demand is -0.55, a 1% increase in wages corresponds to a 0.55% decrease in quantity demanded of labor. This is because the negative sign of the elasticity indicates that the quantity demanded of labor decreases as wages increase.Answer to Question 38: If the wage elasticity of labor demand is inelastic, the labor demand curve will tend to be relatively steep or steeply downward sloping. This means that a small change in wages will result in a relatively small change in the quantity of labor demanded. Conversely, if the elasticity of labor demand is elastic, the labor demand curve will tend to be relatively flat or shallow, meaning that a small change in wages will result in a relatively large change in the quantity of labor demanded.Learn more about diminishing marginal: https://brainly.com/question/13767400
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CASE-I Demand Function in the Indian Auto Industryi. Determinants of demand for passenger cars in Indiaii. The role played by the non-urban India in forming the demand in the auto-market,iii. State and justify your view whether you agree that the law of demand, technically speaking, cannot work in an auto-maker.Imagining you are a new global auto maker planning to enter the Indian auto market. List the various demand aspects you think are important
The demand for passenger cars in India is determined by various factors, including the cost of the cars, the availability of financing, disposable incomes, and the preferences of potential buyers.
The law of demand, technically speaking, does work in an auto-maker. This law states that there is an inverse relationship between price and demand, meaning that as price increases, demand will decrease. As a new global auto maker planning to enter the Indian auto market, it is important to consider various demand aspects. These include understanding the needs and wants of potential customers in terms of the cost, financing, availability, and preferences for various models. Additionally, it is important to research the levels of disposable income in different parts of India, and analyze the role that non-urban areas play in the demand for cars.
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There are three identical firms in the industry. Inverse demand is p = 1 − Q where
Q = q1 + q2 + q3. The marginal cost is zero and there is no fixed cost.
(a) Compute the Cournot equilibrium and find each firm’s profits.
(b) Suppose that firms 2 and 3 merge so that the industry is now a duopoly. Find
the new Cournot equilibrium and firms’ profits. Discuss the solution.
(c) What happens if all the firms in the market merge?
(a) In the Cournot equilibrium, each firm produces a quantity such that its marginal revenue equals its marginal cost.
(b) In the duopoly Cournot equilibrium, the firms now produce a quantity such that their combined marginal revenue equals their marginal cost.
(c) If all the firms in the market merge, then they become a monopolist.
This leads to the equation p = MC = 0, which gives q1 = q2 = q3 = 1/3. Each firm has a profit of π = (1/3)*[1-(1/3)] = 1/9.
This leads to the equation p = MC = 0, which gives q1 + q2 = 1. This implies q1 = 1/2 and q2 = 1/2. Each firm has a profit of π = (1/2)*[1-(1/2)] = 1/4. The result of the duopoly is higher profits for the two firms due to increased market power.
The monopolist will produce a quantity such that its marginal revenue equals its marginal cost. This leads to the equation p = MC = 0, which gives q = 1. The monopolist has a profit of π = [1-(1)] = 0.
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What is 38 who saw murder didn’t call the police about
Answer: It is an Article
Explanation: the article Thirty-Eight Who Saw Murder Didn 't Call Police, author Martin Gansberg recalls the events that occurred on the night of March 13, 1964. "38 respectful, law abiding citizens"
Determine the meaning of the word "lavish" in the story "The Jealous Cousin"
In the story "The Jealous Cousin," the meaning of the term "lavish" is over-the-top.
What exactly does lavish mean?The word "lavish" generally means to give or spend generously or without limit, often in a way that is luxurious or extravagant. It can also refer to something that is abundant, lush, or excessively ornate.
In the context of a story, the meaning of "lavish" may depend on the specific way in which it is used. For example, if a character is described as living a lavish lifestyle, it may suggest that they are wealthy and extravagant, and enjoy indulging in luxury goods and experiences. If a character receives lavish praise or attention, it may suggest that they are being celebrated or praised in an excessive or exaggerated way. Ultimately, the meaning of "lavish" in a story will depend on the context in which it is used.
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Why does Pratt wish to educate children at Carlisle?
Together with practical instruction, Pratt and his staff taught American school topics. To prepare American Indian students for employment outside of reservations was their aim.
According to Pratt, who felt that Native Americans and European-Americans were "equal," the School attempted to fully immerse pupils in mainstream Euro-American culture in the hopes that doing so would help them succeed in the dominant society and serve as leaders for their people. Carlisle was the first off-reservation Indian boarding school that the U.S. government supported, opening its doors in 1879 under the direction of Lieutenant Richard Henry Pratt.
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Question 1 Which item would NOT be included in GDP for 2019? O a. the hiring of a new police officer O b. the purchase of a new work truck O c. your purchase of your neighbor's 2015 Toyota O d. the production of a television show
The term which will not be included in GDP is your purchase of your neighbor's 2015 Toyota. The correct answer is option c. your purchase of your neighbor's 2015 Toyota.
GDP, or Gross Domestic Product, is a measure of the total value of all goods and services produced within a country's borders during a specific time period. It includes all final goods and services produced by the residents of a country, regardless of the nationality of the producers.
However, GDP does not include the value of used goods, such as a 2015 Toyota purchased from a neighbor. This is because the value of that car was already included in the GDP for the year it was originally produced and sold, so including it again would result in double counting.
Therefore, option c. your purchase of your neighbor's 2015 Toyota would NOT be included in the GDP for 2019.
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"Explain how income-tax affects the bond markets, if tax is
imposed on the government bonds but not the state-issued bonds.
When will the income-tax regulation be ineffective in terms of
influencing the bond market of the respectives bonds?
Income-tax regulation can have a significant impact on the bond markets. When income-tax is imposed on government bonds but not on state-issued bonds, investors may shift their investments from government bonds to state-issued bonds in order to avoid paying taxes on their investment income.
This can lead to a decrease in demand for government bonds and an increase in demand for state-issued bonds, which can affect the bond prices and yields of both types of bonds.
However, income-tax regulation may be ineffective in influencing the bond market if other factors, such as interest rates, credit ratings, and economic conditions, are more important to investors than the tax implications of their investments.
For example, if interest rates are higher on government bonds than on state-issued bonds, investors may still choose to invest in government bonds despite the income-tax regulation. Similarly, if the credit ratings of state-issued bonds are lower than those of government bonds, investors may prefer to invest in government bonds due to the lower risk associated with these investments.
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four strategies that can implemented to solve the problem ofunemployment in MEXICO. need to include examplefor each point discussing.
The four strategies that can be implemented to solve the problem of unemployment in Mexico include:
1. Investing in small and medium-sized businesses, which can help create jobs and economic opportunities for people. For example, the Mexican government could provide funding for micro-loans, training programs, and other resources to support small businesses.
2. Strengthening the vocational training system, which could help people acquire the skills and knowledge needed to work in certain industries. For example, the government could provide training for people in IT, manufacturing, and other fields.
3. Improving labor market regulations, which can help make it easier for businesses to create jobs. For example, the government could reduce bureaucratic obstacles that can make it difficult to hire and fire employees.
4. Investing in education, which can help equip people with the skills needed to participate in the workforce. For example, the government could provide scholarships and financial assistance to people who wish to pursue higher education.
There are several strategies that can be implemented to solve the problem of unemployment in Mexico. Here are four strategies with examples for each:
1. Promote entrepreneurship and small business development: This can be done through providing funding and support for small businesses and encouraging people to start their own businesses. For example, the Mexican government could offer grants or low-interest loans to entrepreneurs who want to start a business.
2. Invest in education and training: This can be done through providing more funding for schools and vocational training programs to help people gain the skills they need to find employment. For example, the Mexican government could invest in programs that teach people how to code or provide training for people who want to work in the healthcare industry.
3. Encourage foreign investment: This can be done through creating favorable business conditions for foreign companies to invest in Mexico. For example, the Mexican government could offer tax breaks or other incentives to attract foreign companies to set up operations in the country.
4. Implement labor market reforms: This can be done through making it easier for companies to hire and fire employees, and reducing the cost of labor for employers. For example, the Mexican government could reduce regulations and red tape that make it difficult for companies to hire employees, or offer tax breaks to companies that hire workers.
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Which of these companies has NOT been forced to split up by the federal government?
Microsoft
AT&T
American Tobacco Company
Standard Oil Trust
Answer:
american tobacco company
If a president flies to a foreign location where U.S. troops are located, then has Thanksgiving dinner with them in front of the media, this is an example of what?
A. Bully Pulpit
B. Photo Ops
C. Grassroots Campaigning
An example would be a president flying to a foreign location where US troops are stationed, then having Thanksgiving dinner with them in front of the media.
What does it mean to be President?
The President of the United States of America is both the head of state and the head of government, as well as the Commander-in-Chief of the armed forces. According to Article II of the Constitution, the President is responsible for carrying out and enforcing the laws enacted by Congress.
According to the findings of the study, great presidents are more extraverted, open to experience, assertive, achievement striving, excitement seeking, and more open to fantasy, aesthetics, feelings, actions, ideas, and values.
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Answer: B. Photo Ops
Explanation:
Explain all The Factors That Influence the Elasticity of Supply and Elasticity of Demand
There are several factors that can influence the elasticity of supply and demand, including: availability of substitutes, necessity, time, proportion of income, production costs.
The elasticity of supply and demand refers to the degree to which the quantity supplied or demanded of a good or service responds to changes in price or other factors:
1. Availability of substitutes: The more substitutes there are for a good or service, the more elastic the demand will be. If the price of a good or service increases, consumers can easily switch to a substitute, reducing the demand for the original good or service.
2. Necessity: Goods and services that are considered necessities, such as food and healthcare, tend to have inelastic demand. This means that changes in price will have little effect on the quantity demanded.
3. Time: The longer the time period, the more elastic the supply and demand will be. In the short run, it may be difficult for producers to increase supply or for consumers to find substitutes, but in the long run, they will have more time to adjust to changes in price.
4. Proportion of income: The higher the proportion of income that a good or service represents, the more elastic the demand will be. If the price of a good or service increases and it represents a large portion of a consumer's income, they will be more likely to reduce their demand for that good or service.
5. Production costs: The lower the production costs for a good or service, the more elastic the supply will be. If the price of a good or service increases, producers will be more likely to increase supply if the production costs are low.
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Your client has just written his first book of his experience as a hostage of a terrorist group. He spent the last two years writing the book and he has received two offers from a publishing company that wished to publish his book. The first offer is to purchase the copyright for a lump-sum payment of $10,000 provided your client gives up future claims to the copyright and royalties. The second offer is to pay 10% of the sale price of each book sold provided your client agrees to assign the copyright in the book to the publisher for 10 years. Discuss the effect on assessable income of each of the two offers
When considering the two offers your client has received, the effect on assessable income of each offer should be taken into account.
The first offer, a lump-sum payment of $10,000 for the copyright, would be treated as assessable income and taxed accordingly.
The second offer, a 10% of the sale price of each book sold and the assignment of the copyright to the publisher for 10 years, would also be treated as assessable income and taxed accordingly.
It is important to note that any royalties paid to the client after the 10 year period would not be assessable income, and so may be a more favourable option if the book is expected to be successful.
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14. Consider Covidstan has the following characteristics: Y=F(K,L)=10(KL) 1/2, MRK (Marginal Product of Capital)=5(K/L)1/2, K=400, L=100, C=260+0.8(Y-T), I=230-5r, NX=X-IM=O, G=100, T=200 and output i
The level of output in Covidstan is 2000 and the level of consumption is 1700
The characteristics of Covidstan can be used to determine the level of output in the economy. To do this, we need to use the equation for output, Y=F(K,L), and plug in the values for K and L.
Y = 10(KL)^(1/2)
Y = 10(400*100)^(1/2)
Y = 10(40000)^(1/2)
Y = 10(200)
Y = 2000
Next, we need to use the equation for consumption, C=260+0.8(Y-T), and plug in the values for Y and T.
C = 260 + 0.8(2000-200)
C = 260 + 0.8(1800)
C = 260 + 1440
C = 1700
Next, we need to use the equation for investment, I=230-5r, and plug in the value for r. However, we are not given a value for r, so we cannot determine the level of investment.
Finally, we need to use the equation for net exports, NX=X-IM, and plug in the values for X and IM. However, we are not given values for X and IM, so we cannot determine the level of net exports.
Overall, we can determine that the level of output in Covidstan is 2000 and the level of consumption is 1700.
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Why the devil was forced to pay the greatest crossword
The answer to Why the Devil was forced to pay “The Greatest” [1969] crossword clue should be: HELLOWEDALI (11 letters)
What do you mean by Crossword?A crossword is a puzzle in which words are filled up into the form of numbered squares in answer to correspondingly denominated clues, and in such a way that the words read across and down.
Tips for Solving Crossword Puzzles
1. Tackle the easiest clues first.
2. Confirm an answer by solving the entries that cross it.
3. Make guesses.
4. Look stuff up.
5. Ask a friend for help.
6. Take a break.
Therefore, the Correct answer to a crossword is HELLOWEDALI.
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Three cousins have a similar appearance but different face shapes. Which of these cell components are most involved in determining the basic shape of each girl’s face?
Genes, chromosomes and nucleus are the cell components involved in determining the basic shape of each girl’s face.
A gene is the fundamental structural and functional component of heredity. The DNA that makes up genes. In some cases, genes serve as blueprints for the creation of proteins. In contrast, a large number of genes do not encode proteins. A few hundred DNA bases to more than 2 million bases make up the majority of human genes. Humans are thought to have between 20,000 and 25,000 genes, according to the Human Genome Project, a multinational effort to decipher the human genome's sequence and catalogue its genes. Every gene is present in two copies, one from each parent, in every human being. Only a small subset of genes differ somewhat between individuals; the majority of genes are the same in all persons.
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clause Cash value in millions clause Cash value in millions Rents 45 depreciation of capital 557 Consumption of the family sector 1500 indirect taxes 120 profit tax 70 total investment 240
direct taxes 50 exports 20
imports 20 wages and salaries 1028 Undistributed profits 20 government 400
Dividends Profits 20 Social Security payments 50
Small business owners entry 100 Q1- Find the gross domestic product/income using the income and expenditure method? Q2-personal income?
The gross domestic product/income using the income and expenditure method is 4180 million and personal income is 3940 million.
The gross domestic product (GDP) using the income and expenditure method can be calculated by adding up all the income and expenditures mentioned in the question. The formula for GDP using the income and expenditure method is:
GDP = Rents + Depreciation of capital + Consumption of the family sector + Indirect taxes + Profit tax + Total investment + Direct taxes + Exports - Imports + Wages and salaries + Undistributed profits + Government + Dividends profits + Social security payments + Small business owners entry
Plugging in the values from the question:
GDP = 45 + 557 + 1500 + 120 + 70 + 240 + 50 + 20 - 20 + 1028 + 20 + 400 + 20 + 50 + 100
GDP = 4180 million
Therefore, the gross domestic product using the income and expenditure method is 4180 million.
Personal income can be calculated by subtracting the taxes from the total income. The formula for personal income is:
Personal income = Total income - Taxes
Plugging in the values from the question:
Personal income = 4180 - (120 + 70 + 50)
Personal income = 4180 - 240
Personal income = 3940 million
Therefore, the personal income is 3940 million.
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Consider a game of rock-paper-scissors. There are two players, player 1 and player 2, and the winner receives $1 from the loser (if they draw, nothing happens). They play this game simultaneously.
a. What kind of game is this? Express this game in normal form.
b. What are the set of possible actions and strategies?
c. Find all Nash equilibria of this game.
This ensures that the expected payoff for each player is zero, and there is no incentive for either player to deviate from this strategy.
This game is a simultaneous, zero-sum game. It can be expressed in normal form as follows:
Rock
0, 0
-1, 1
1, -1
Paper
1, -1
0, 0
-1, 1
Scissors
-1, 1
1, -1
0, 0
The set of possible actions for each player are Rock, Paper, and Scissors. The set of possible strategies for each player are to choose one of these actions.
There are no pure strategy Nash equilibria in this game, as each player can always do better by choosing a different action. However, there is a mixed strategy Nash equilibrium where each player chooses each action with equal probability (1/3 for each action). This ensures that the expected payoff for each player is zero, and there is no incentive for either player to deviate from this strategy.
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Name the area where tropical deciduous forests are found.
Answer:
Coastal regions of southwest India.
Sri Lanka.
Bangladesh.
Myanmar.
Southwestern Africa.
French Guiana, and.
Northeast and south-eastern Brazil.
Explanation:
Help me please, gooo
The possible steps to Amendment the Constitution are Amendment by a simple majority of the Parliament or by a special majority of the parliament.
What is Constitution?The constitution refers to the document that contains any rules or regulations of the country in order to function the nation. It is a very important document for any country's governance.
The steps required for the amendment of the Constitution are mentioned as follows:-
Modification by the Parliament's simple majority.A special majority of the Parliament may amend a law.The amendment requires approval from at least half of the state legislatures and a special majority vote in the Parliament.Therefore, it can be concluded that the amendments procedure for the constitution is stated above.
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nepal is a country of unity in diversity.justify this statement in six point.
Nepal as a country of unity in diversity can be justified by the points:
Cultural DiversityGeographical DiversityReligious DiversityEthnic DiversityUnity in LanguageFestivals and CelebrationsWhat is Unity in Diversity?Unity in Diversity is a concept that recognizes the existence of diverse cultures, traditions, religions, languages, and ethnicities within a society or nation, while emphasizing the importance of unity and coexistence among them.
The following justify the statement:
Nepal is a country of unity in diversity, with a population consisting of over 100 ethnic groups and more than 90 languages spoken.Despite the diversity, the people of Nepal share common cultural practices and beliefs, including Hinduism and Buddhism.The country has a rich history and heritage, with numerous ancient monuments and cultural sites that are revered by the Nepali people.Nepalese society is known for its strong emphasis on community and family values, and social harmony is a core aspect of the culture.Nepal is also home to a diverse range of natural resources, including Himalayan peaks, lush forests, and fertile agricultural land.Despite facing numerous challenges, such as poverty and political instability, Nepal continues to be a resilient and culturally vibrant nation.Learn more about unity in diversity on:
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Why should we vote for the constitution party?
Explanation:
We have to vote for the Constitution Party because we are citizens of the country and are responsible for that.
Hope it's helpful.
. What is arable land?
i) Favourable topography of soil and climate which are not vital for agricultural activity
ii) Favourable topography of soil and climate are vital for agricultural activity and the land on
which the crops are grown.
iii) Favourable topography of soil and climate vital for tertiary activity.
iv) Not favourable topography of soil and climate are vital for agricultural activity.
Answer:
let me help u
Explanation:
stop using brainly to get free answers study next time now have a great night
Brazil's real GDP was 1,520 trillion reais in 2011 and 1,585 trillion reais in 2012. Brazil's population was 195 million in 2011 and 196.5 million in 2012. Calculate a. The growth rate of real GDP. b. The growth rate of real GDP per person. c. The approximate number of years it takes for real GDP per person in Brazil to double if the 2012 growth rate of real GDP and the population growth rate are maintained
a. Growth Rate of Brazil's Real GDP = 4.28%
b. Growth Rate of Brazil's Real GDP per Person = 3.59%
c. The approximate number of years it takes for real GDP per person in Brazil to double if the 2012 growth rate of real GDP is 19.5
Growth Rate of Real GDP = (Real GDP in 2012 - Real GDP in 2011) / Real GDP in 2011 * 100
Growth Rate of Real GDP = (1,585 - 1,520) / 1,520 * 100
Growth Rate of Real GDP = 4.28%
The growth rate of real GDP per person can be calculated using the formula:
Growth Rate of Real GDP per Person = (Real GDP per Person in 2012 - Real GDP per Person in 2011) / Real GDP per Person in 2011 * 100
Real GDP per Person in 2011 = 1,520 / 195 = 7.79
Real GDP per Person in 2012 = 1,585 / 196.5 = 8.07
Growth Rate of Real GDP per Person = (8.07 - 7.79) / 7.79 * 100
Growth Rate of Real GDP per Person = 3.59%
The approximate number of years it takes for real GDP per person in Brazil to double can be calculated using the rule of 70. The rule of 70 states that the number of years it takes for a variable to double is approximately 70 divided by the annual growth rate of the variable.
Number of Years to Double = 70 / Growth Rate of Real GDP per Person
Number of Years to Double = 70 / 3.59
Number of Years to Double = 19.5
Therefore, it would take approximately 19.5 years for real GDP per person in Brazil to double if the 2012 growth rate of real GDP and the population growth rate are maintained.
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Write down the functions that are fulfilled by the uniqueness of a religion.
The uniqueness of a religion fulfills several functions, including:
The functions that are fulfilled by the uniqueness of a religion.Identity formation: It provides a distinct identity for its followers and a sense of belonging to a particular community.
Moral guidance: It offers a set of moral and ethical principles that guide the behavior of its adherents.
Spiritual fulfillment: It provides a framework for spiritual and existential exploration and fulfillment.
Social cohesion: It facilitates social cohesion by bringing people together around shared beliefs, values, and rituals.
Cultural preservation: It helps preserve cultural traditions and values that are important to a particular group of people.
Sense of purpose: It provides a sense of purpose and meaning to life, giving followers a reason to strive for a higher purpose beyond their individual needs and desires.
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RIGHT ANSWER GETS 30 POINTS AND BRAINLIEST, ITS NOT THE POPE FYI
Who had legal rights over the Catholic Church during 1100s-1200s in England?
a
The King
b
The Pope
c
The owner of the land where the church was built
d
The Catholic Church
In England between the 1100s and the 1200s, the Roman Catholic Church held legal authority over the Catholic Church.(option d)
The Roman Catholic Church is what?When the Romans crossed the Mediterranean to extend their dominion beyond Europe, they brought Christianity with them. The Norman conquest in the 11th century drew England nearer to Latin Europe. Roman ideals, such as the canon law and the chastity of the clergy, helped the English church advance. The English church and the Roman Catholic Church jointly held lawful power in the Middle Ages under the Pope. With 1.3 billion Catholics who have been baptized as of 2019, the Catholic Church, commonly referred as that of Roman Catholic Church, seems to be the biggest Religious denomination.
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How might your conclusions/findings/product relate to the current body of work in the community or field?
Our conclusions that girls are more active on social platforms and are also less confident contributes to the body of study on the gap between men and women among adolescent girls.
A wider dialogue regarding the damag that technlogical advance has on youths by girls are more active on social platforms and are also less confident is made possible by including social platforms use in the variables that impact personality. This may additionally focus on educating middle and high school pupils about just the long-term effects. Gender intensification could result in a difference between men and women in mood disorders if boys and girls do distinguish more between themselves in terms of their identities all through puberty, to girls becoming relatively extra feminine as well as boys becoming relatively more masculine.
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The following data show the different combinations of coffee and cars that can be produced by an economy, given a particular amount of resources, and a particular state of technology. Draw the corresponding production possibility frontier to answer the questions below:
Type of
Production
Production Alternatives
A
B
с
D
E
F
100
80
60
40
20
0
Coffee
(tons)
Cars (units)
0
8
12
15
17
18
i. Given the production possibility frontier above, can the economy produce the combination of 50 tons of coffee and 5 units of cars? What does this combination suggest about the use of the resources? Are they fully utilized?
ii. Given the production possibility frontier above, can the economy produce the combination of 80 tons of coffee and 12 units of cars, and why?
iii. What is the opportunity cost of increasing coffee production from 40 to 60 tons per year, assuming that resources are fully utilized?
iv. What would be the cost of producing 3 additional units of cars if this economy were currently producing 80 tons of coffee and 5 units of car? Explain.
v. What would happen to the production possibility frontier if a new production technique allows cars production to double? On the same graph, draw the new production possibility frontier.
vi. What would happen to the production possibility frontier, if the resources available to the economy were to increase? Explain.
i. Given the production possibility frontier above, the economy cannot produce the combination of 50 tons of coffee and 5 units of cars.
ii. Given the production possibility frontier above, the economy can produce the combination of 80 tons of coffee and 12 units of cars, as it lies on the production possibility frontier.
iii. The opportunity cost of increasing coffee production from 40 to 60 tons per year, assuming that resources are fully utilized, is two units of cars.
iv. The cost of producing 3 additional units of cars if this economy were currently producing 80 tons of coffee and 5 units of cars is 3 units of coffee.
v. If a new production technique allows cars production to double, the production possibility frontier will shift outwards, allowing for a higher combination of cars and coffee to be produced given the same amount of resources.
vi. If the resources available to the economy were to increase, the production possibility frontier would shift outwards, allowing for a higher combination of cars and coffee to be produced.
This suggests that the resources are not being fully utilized, as the production combination is not achievable given the amount of resources available.
This is because the economy is producing on the production possibility frontier, and producing any more units of cars would require a sacrifice of coffee production.
On the same graph, the new production possibility frontier will be drawn further out from the current frontier.
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