What are the characteristics of a sovereign state? A sovereign state (sometimes called an independent state) has the following qualities: Space or territory that has internationally recognized boundaries. People who live there on an ongoing basis. Regulations governing foreign and domestic trade. The ability to issue legal tender that is recognized across boundaries. Which is […]
What does full employment and natural unemployment rate mean?
What does full employment and natural unemployment rate mean? If the economy was to be fully employed, there must be inflation, and conversely, if there was low inflation, unemployment must increase or persist. The natural rate of unemployment represents the lowest unemployment rate whereby inflation is stable or the unemployment rate that exists with non-accelerating […]
What is the significance of 1621?
What was significant about the Marshall court?
What was significant about the Marshall court? As perhaps the Supreme Court’s most influential chief justice, Marshall was responsible for constructing and defending both the foundation of judicial power and the principles of American federalism. The first of his great cases in more than 30 years of service was Marbury v. What was a significant […]
How old is a 7ft Christmas tree?
How old is a 7ft Christmas tree? A typical 6 to 7 feet high Christmas tree can take between 10 and 12 years to grow. The British Christmas Tree Growers Association estimates that around seven million trees are bought in the UK each year, with the favourite type of tree being the reliable Nordmann Fir. […]
What happens when there is a change in estimated depreciation?
What happens when there is a change in estimated depreciation? A high estimated life spreads the cost over a longer period of time, resulting in a smaller expense each year. The high salvage value limits the cost to be allocated. When there is a change in estimated depreciation, the current and future years’ depreciation computation […]
Why has psychology neglected some of the events needed for a causal analysis of verbal behavior Page 5?
Why has psychology neglected some of the events needed for a causal analysis of verbal behavior Page 5? Why has psychology has neglected some of the events needed for a causal analysis of verbal behavior? (p. 5) It has neglected these events because psychology is not interested in studies the functional and causality effects of […]
Does redshift or blueshift move faster?
Does redshift or blueshift move faster? Thus, the Doppler effect for light is called a ‘blueshift’ if the light source is coming toward an observer, and a ‘redshift’ if it is moving away. The faster the object moves, the greater the blueshift or redshift.” Is redshift towards or away? ‘Red shift’ is a key concept […]
What are the three types of encoding in psychology?
What are the three types of encoding in psychology? The three major types of memory encoding include visual encoding, acoustic encoding, and semantic encoding. Why is visual encoding important? Visual Encoding refers to the process by which we remember visual images. Information that was encoded visually is very fleeting, and tends to be forgotten very […]
When it comes to making decisions economist assume that everyone makes choices based on their own?
When it comes to making decisions economist assume that everyone makes choices based on their own? Economists assume that individuals make choices that they expect will create the maximum value of some objective, given the constraints they face. Furthermore, economists assume that people’s objectives will be those that serve their own self-interest. Which of the […]