there is a two-way relationship between savings and
economic growth. His results also showed that an increase in savings and capital
accumulation will lead to higher income and economic growth.
What does Feldman explain as being the three extraordinary components of the Constitution?
Answer:
The three parts of the Constitution are the preamble, the seven articles, and the amendments. The preamble sets forth the purpose of the Constitution. The articles define the country's governing structures. The amendments present the Bill of Rights and deal with voting rights, presidential succession, terms of office, and other issues.
Explanation:
One is freedom of speech. This was an innovative idea at the time. Namely, that if you were out of power, you could still say that the government was terrible.Two civil society organizations. The capacity to put together private groups, individuals, political parties, and others who would organize to try to bring about fundamental change. Perhaps most significant was the separation of powers. the president needs people, elected officials who know they need to win elections from centrist voters and also to back his or her policies in order to pass laws. Without it, nothing much happens.
Should a Female with the same Qualifications as a Man, if selected for an Executive Position formerly held by a man, be paid the same salary as her counterpart prior to her?
Answer:
The simple answer is yes a female should be paid the same, but often this is not the case.
Explanation:
Morally, yes a female with the same qualifications and experience should be paid the same salary as the counterpart prior to her, though it is not a law that there can't be a wage gap between women and men and this is most commonly not a reality. Women are often paid less than men with the same degree, qualifications, and experience, especially if the woman is part of a racial minority, or in a male dominated industry. Often, employers are able to find loopholes and reasons, "justifying" this unjust wage gap.
The table shows the total number of ships and planes two countries could
each produce if they fully devoted their economic resources to producing one
or the other. The data in the table most support which conclusion?
Number of ships produced
per day
Number of planes produced
per day
Country A
100
50
Country B
60
20
Answer:
Country A has a comparative advantage of producing planes
Explanation:
The conclusion that is backed most adequately would be "Country A has a comparative advantage of producing planes."
Given the data,
Country A can produce 100 ships per day in comparison to country B's 50.
Country B can produce 60 planes per day in comparison to country B's 20.
This shows that,
Country A possesses a significant lead over the latter in terms of producing planes using the available resources efficiently in comparison to Country B.
Thus, option A is the correct answer that offers a worthy and valid conclusion.
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Which term describes a situation in which one country can produce more of a
product than other countries?
a. surplus advantage
b. absolute advantage
c. deficit advantage
d. comparative advantage
Answer:
D. Comparative advantage
Explanation:
The term describes a situation in which one country can produce more of a product than other countries is absolute advantage. Thus option (b) is correct.
Absolute advantage is the term that describes a situation in which one country can produce more of a product than other countries.
According to the theory of absolute advantage, a country has an absolute advantage in the production of a good if it can produce more of that good with the same amount of resources or produce the same amount of the good with fewer resources than another country. Therefore, option (b) is correct.
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