What Is The Point Of British Royalty?
The Sovereign acts as a focus for national identity, unity and pride ; gives a sense of stability and continuity; officially recognises success and excellence; and supports the ideal of volun...
What Role Does The Consumer Play In Determining The Goods That Are Produced Consumer Sovereignty?
Consumers play the crucial role of “judge” by purchasing the products and services that best meet their needs. In this way, consumers determine which products are sold and which businesses su...
Which Of The Following Concepts Does A PPF Graph Illustrate?
A production possibility frontier is used to illustrate the concepts of opportunity cost, trade-offs and also show the effects of economic growth. What does a PPF illustrate? In busines...
Why Is Credit Important To Business And Consumers?
When consumers and businesses can borrow money, economic transactions can take place efficiently and the economy can grow . Credit allows companies access to tools they need to produce the it...
What Type Of Tax Is The US Income Tax?
The federal income tax is built on a progressive tax What type of tax system does the United States use? The overall system of taxation in the United States is progressive . By a...
Which Of The Following Correctly Orders The Investments From Lower Risk To Higher Risk?
Stocks / Equity Investments include stocks and stock mutual funds. These investments are considered the riskiest of the three major asset classes, but they also offer the greatest potential fo...
Which Glass Has Highest Refractive Index?
Refractive index of glass is 1.5. Refractive index of water is 1.33. Refractive index of ruby is 1.77. Which has highest refractive index? diamond , has the highest refr...
What Was The Cause Of Sharecropping?
After the Civil War, former slaves sought jobs, and planters sought laborers. The absence of cash or an independent credit system led to the creation of sharecropping. ... The Great Depressio...
What Makes An Item Valuable?
Historical Significance – an item’s historical relevance and significance can impact its value. Intrinsic Value – an item is actually valuable such as fine jewlery, gems, or rare pieces of ar...
Which Country Has An Absolute Advantage In Producing Wheat In Producing Cloth?
The United States has a comparative advantage in wheat because it has the lowest opportunity cost of producing, while the United Kingdom has the comparative advantage in cloth. Which count...
