Is an economic system in which major economic decisions are based on custom or habit? Economics 2 A B economic system An organized way of providing for the wants and needs of a society traditional economy Economic System in which basic economic activity stems from ritual, habit, or custom command economy Economic System in which […]
What is the face value of 5 in 5432?
Are tariffs only on imports?
Are tariffs only on imports? Tariffs are a tax on imports. Importers often pass the costs of tariffs on to customers – manufacturers and consumers in the United States – by raising their prices. U.S. business executives and economists say U.S. consumers foot much of the bill through rising prices. What happens when one country […]
What type of study compares two groups?
What type of study compares two groups? Prospective studies observe a group of people — or compare different groups, or cohorts, over time — to look for relationships between lifestyle factors or environmental exposures and the development of conditions or diseases. Which of the following types of researches determines the relationships between two or more […]
Who made Thanksgiving an official holiday?
Who made Thanksgiving an official holiday? President Abraham Lincoln Which president proclaimed Thanksgiving a national holiday? President Roosevelt Who named Thanksgiving? the Pilgrims What NFL team is playing Thanksgiving Day? Since the beginning of time, okay maybe not that long ago, but since very early on in National Football League history, fans have been able […]
How do political parties help to unify the American?
How do political parties help to unify the American? How do political parties help to unify the American people? – express the will of the people in government. They can also encourage unity by modifying conflicting views and encouraging compromise. – Parties act as a “bonding agent” to encourage accountability among their candidates and office […]
What is the significance of deism?
What is the significance of deism? Deism was important historically because it was the faith of many of the Founding Fathers of the United States. Deism was an Enlightenment idea about religion. It held that God did not actually concern himself with the affairs of people on Earth. Deists were not atheists. What is Deism […]
What do you mean by bounded rationality?
What do you mean by bounded rationality? Bounded rationality is a concept proposed by Herbert Simon that challenges the notion of human rationality as implied by the concept of homo economicus. Rationality is bounded because there are limits to our thinking capacity, available information, and time (Simon, 1982). Which statement is an example of bounded […]
What abiotic factors affect grizzly bears?
What abiotic factors affect grizzly bears? Abiotic means non-living and physical, not biological. A grizzly bear could be affected by temperature, mountains, rivers, and lakes. Water is key factor that affects grizzly bears because 1. they need water to drink for survival; and 2. Is a bear biotic or abiotic? Biotic factors are things that […]
How did the UCC change common law contracts?
How did the UCC change common law contracts? Under the common law, a contract can only be modified if there is additional consideration for the modification. Under the UCC, however, a contract can be modified without any additional consideration. Additionally, unlike under the common law, under the UCC a contract may be discharged due to […]