In one to two sentences, explain how consumption is determined in a market economic system.

Answers

Answer 1

Answer:

consumption = income - saving.

Explanation:

In the market economy, the consumption is determined by subtracting the total savings from the total income. Moreover, consumption depends on income. If the income rises then consumption also rises or if the income falls then consumption also falls. Additionally, if a person has an income of $100 and he saves $75. Here the consumption will be $100 - $75 = $25.


Related Questions

What was the British forces called and how big was it at the start of the war?

Answers

Answer:

During World War I, there were four distinct British armies. The first comprised approximately 247,000 soldiers of the regular army, over half of which were posted overseas to garrison the British Empire, supported by some 210,000 reserves and a potential 60,000 additional reserves.

Explanation:

Which among the following presidents arguably did the most to curb the power of the
federal government?
lyndon R Inhnson

Answers

Answer: d. Richard M. Nixon

Explanation:

President Nixon is one of the most famous presidents of the United States with his popularity gained from being the only president to resign to his achievements in foreign policy which saw him remove the US from the Vietnam war as well as take important steps to peace with both the Soviet Union and China through Henry Kissenger.

Perhaps a lesser known but still a known fact nonetheless is his support for New Federalism which was a policy that would see more Federal power going back to the States and municipalities.

One way he showed his support for this policy was by backing a revenue sharing plan that would see the Federal Government give more funds to the states without restricting what they could use the money for which would therefore give the states more leeway to spend money received.

how did slaves as practiced in West Africa differ from that later practiced in the Americas

Answers

Answer:

they worked

Explanation:

What was the greatest factor that facilitated the safe flow of goods along the Silk Road during the Renaissance?

Answers

Answer:

Increasing demands for goods and establishing trading posts with Caravansaries.

Explanation:

The Silk Road is one of the oldest trade routes that linked China to the western world. The Silk Road stretched from China through India, then reached to Europe crossing the deserts. Some of the goods like tea, porcelain, silk, sugar, ivory, jade, furs, wool, spices, cotton, gold, and silver traded. The increasing demand for goods during the Renaissance period led to the profits for traders. Compass, gun powder and other material reached Europe through this silk road.

Silk Road caravans used pack animals such as camels as they were able to travel in desert regions and horses. With no authority to provide maintenance, the roads were poor condition. Robbers were common. Trading posts or towns lay at regular distances of the Silk Road. Travellers inns set up known as caravansaries, where the traders (caravans) could take rest at night, and resupply their food. To protect themselves, traders joined together to travel long distances.

The political cartoon suggests that the colonies should unite because they would need to support France. would be stronger together. would be able to give more power to the British.

Answers

Answer:

b

Explanation:

b

Answer:

The answer is B - Would be stronger together...

Explanation:

Juice wrld told me the answer..... good luck

Which of the following is NOT true regarding indentured servants in Virginia?
A)thanks to the headright system, most servants went on to become large
landowners in Virginia
B)they were often treated in a brutal manner by their masters
C)they were preferable to slaves as workers on tobacco estates in Virginia
during the first decades of the colony's founding
D)they were usually white

Answers

Answer:

A

Explanation:

B is true, quick search brings up results

C is definitely true. Indentured servants do not work for life, they spend several years working for their employer and then were free to go.

D is true as well. Many indentured servants were poorer classes from Europe who couldn't afford the trip to America, so they chose to work for some years to pay for their trip.

The given statement "thanks to the headright system, most servants went on to become large landowners" is not true about the indentured servants. Thus, the correct option is A).

Who were the indentured servants?

Indentured servants were those men and women who signed a contract and agreed that they would work for a certain number of years in exchange for transportation from their place to different city and once they arrived, food, clothing, and shelter.

Indentured servitude refers to a form of labor system in which people or working labor contracted to work without salary for a specific number of years. This contract is also known as indenture or a covenant.

Basically, in the indentured servitude, the indentured servants were frequently overworked especially during the planting and harvesting season.

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4. Explain why Traditional economic systems are rarely found being used in our modern
society?

Answers

Answer:

Traditional economic systems like pastoralism, mannoralism, feudalism, and even barter economies are rarely found in modern society because the economies of modern societies are too complex to be viable in these circumstances.

Modern economies are either industry or services oriented, and for these reason, traditional economic system are simply unappropriate.

Under the Articles of Confederation, the national government had the power to
O regulate trade.
O enforce laws.
conduct diplomacy.
O raise a national army.

Answers

Under the Articles of Confederation, the national government had the power to regulate trade. Thus the correct option is A.

What are the Articles of Confederation?

The Articles established an unstable central government and a loose alliance of independent states, giving state governments the majority of the authority in the decision-making.

The government of teh country which holds primary authority in decision making has the power to regulate trade. It reflects that government will keep monitoring the activities that are taking place in the market.

The government has the right to promote or restrain any trading activities if they found it beneficial or illegal respectively. It also provides subsidized benefits to organizations in order to encourage their growth.

Therefore, option A is appropriate.

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Question 1 of 10
What led to U.S. immigration laws based on national origin?
A. Fewer immigrants from Asia
B. More immigrants with no religion
C. More immigrants from eastern Europe
D. Immigrants with large families

Answers

Answer:

C. More immigrants from eastern europe

Explanation:

Got it wrong on APX cause this other guy

c. More immigrants from eastern Europe

Popular sovereignty
was used in attempt to?

a. ease pro-slavery and anti-slavery tensions
b. strengthen the power of the federal
government
c. uphold the Missouri Compromise
d. divide the Union

Answers

Answer:

a. ease pro-slavery and anti-slavery tensions.

Explanation:

Enforcement of the Sherman Antitrust Act benefited consumers by
O banning rate discrimination by railroads.
O establishing the Interstate Commerce Commission.
O reducing wages paid to hourly workers.
O increasing competition in the marketplace.

Answers

Answer:

Enforcement of the Sherman Antitrust Act benefited consumers by  increasing competition in the marketplace.

Explanation:

The enforcement of the Sherman Antitrust Act was beneficial for American consumers as it declared monopolies illegal, forcing companies with high market dominance (such as Standard Oil) to fragment, fostering competition between companies. This competition, in turn, generated that service providers must necessarily adapt their services and prices to market needs, benefiting consumers through the bid to attract customers, offering better conditions of their choice.

One of the main benefits of enforcing the Sherman Antitrust Act was that it  increased competition in the marketplace.

The Sherman Antirust Act:

Was passed to limit the formation of monopolies Allowed for the break-up of trusts which controlled too much of an industry

As a result of the Act being passed to limit monopolies and the enforcement of the Act allowing the government to break up trusts which had monopolized various industries, consumers were able to enjoy competition in the market instead of monopolies setting whatever prices they wanted.

In conclusion, the Sherman Antitrust Act increased competition in the market.

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Starting with the work of Thomas Huxley, Charles Darwin based his theory of human origins on which set of observations?

Answers

Answer:

Darwin noted that not all offspring that are born survive, that there is variation in the population, and that there is a struggle for survival.

Explanation:

The theory of evolution, proposed by Darwin, is based on some key points: common ancestry and natural selection, which proposes that the most suitable organisms survive. In any group of species, all individuals have common ancestors at some point in evolutionary history. Thus, they are descendants of them with modifications and result from natural selection.

Why is the year 1607 significant? *

Answers

The Virginia Company of England made a daring proposition: sail to the new, mysterious land, which they called Virginia in honor of Elizabeth I, the Virgin Queen, and begin a settlement. They established Jamestown, Virginia, on May 14, 1607, the first permanent British settlement in North America.

Explanation:

The Mound Builders were American Indians who flourished
in the Great Plains.
in the Southwest.
in woodlands around the Great Lakes.
in the Ohio and Mississippi River valleys.

Answers

Answer:

D in the Ohio and Mississippi River valleys.

Explanation:

I got it right on the test in e n d g e n u i t y 2021

The Mound Builders were American Indians who flourished in the Ohio and Mississippi River valleys. Therefore, the option D holds true.

What is the significance of the Mound Builders?

There were a number of Native American communities living in the American society under the identity of American Indian ethnic groups. One of these was the group of Mound Builders. These people were located in the North-western American region.

Most of the Mound Builders were known for establishing their settlements in small villages instead of urban areas. As a result, the valleys in the Ohio and Mississippi regions proved to be ideal places for the settlement in the American society.

Therefore, the option D holds true and states regarding the significance of the Mound Builders.

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Why does Las Casas say the Spanish conquistadors are so cruel? What are their
vices?
PLZ HELPPP

Answers

Answer:

Las Casas asserted that Spaniards are so cruel because he writes that  Spanish Conquistadors have killed about fifteen million Native Americans.

Explanation:

Bartolomé de Las Casas was one of the Spanish settlers on the land of New World. He was a priest by Profession. In his accounst about the new settling, he wrote about the cruelty incurred by Spaniards upon Natives.

He said that Spanish Conquistadors were cruel because they killed about fifteen million of Native. Spanish settlerrs were Christians, yet they murderered them for gold.

In his account he wrote that Spanish Conquistadors killed men, women, and children and those who survived were enslaved.

Their vices include multitude killings of Natives, enslavement of survivors, robbing, torturing, etc.

Answer:

Umm I think the answer is because "tyrants and murderers"

Explanation:

And this also is as really true. . . . the very Tyrants and cruel Murderers cannot deny without the stigma of a lye

really sorry if I'm wrongg!

Explain why Native Americans were so diverse in 1491

Answers

They spoke numerous languages and lived in many societies. Some hunted for food as well. 

11. Who was winning the first 2 years of the Civil War?

Answers

Answer:

Almost 100 spectators will be trampled to death! RESULT? The first major battle of the Civil War was won by the SOUTH. Both sides realized this would be a long, difficult, and costly war – not quick and easy!

The north was winning

which two aspects did the Ten commandments bring together

Answers

Answer:

The Ten Commandments denote the precepts used in the Hebrew Bible, that according to Judaism were given to the people by God through Moses. These precepts have also influenced societies in which an Abrahamic religion became dominant.  

Thus, the Ten Commandments became the law of Abrahamic societies, given by God to men so that they could coexist peacefully in society and according to moral precepts committed to religion. So, for example, these commandments prohibit crimes such as killing or stealing, among others.

The Ten Commandments were the first religious approach to the law, unifying both concepts and endowing the law with a religious moral component, with which its fulfillment was not only socially enforceable but also on a religious and heavenly level.

1) Which of the following has developed a national system of regional labs
under the direction of the government's Home Office?

A.)Britain
B.)Japan
C.)The United States
D.)Canada

Answers

Answer:

The answer is C, because the United States developed the narional system of regional labs

Christopher Columbus played an important role in human history because:

Answers

Answer:

Columbus discovered the americas for the europeans

Question 7 Which of these could be considered an advantage of having a federal system in the United States? Each state government can be different and tailored to the needs of the state O Social concerns can be addressed at the federal level instead of the state level O The centralized government has much less control than the state governments O Federal and state courts create a more streamlined justice system​

Answers

Answer:

The First Choice

Explanation:

Federalism offers representation to different populations. Citizens of various provinces may have other aspirations, ethnicity, and follow different cultures.

Each state government can be different and tailored to the needs of the state could be considered an advantage of having a federal system in the United States. Thus, option A is correct.

What is the federal system?

Federalism is a form of administration wherein two degrees of authority share authority over a single region.

In the United States, they were people who are coming from different communities, backgrounds, and religions full stop it was necessary to have a federal system for them to have as there were different aspirations ethnic cultures people of different colors presiding in a single country made it difficult for them to have you never peacefully.

One benefit of establishing a federal system within the U.S. here is that every state legislature can be unique and tailored to the requirements of the region. That is why federalism was introduced so that it should be protected and so was the interest. Therefore, option A is the correct option.

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The communist nation that sent over 200,000 troops to help North Korea during the Korean War was

A;Cuba
B;east germany
C: the Soviet Union
D; China

Answers

Answer:

your answer is D, china

Explanation:

China

Which best explains why runoff is important?

Answers

Answer:

A portion of the precipitation seeps into the ground to replenish Earth's groundwater. Most of it flows downhill as runoff. Runoff is extremely important in that not only does it keep rivers and lakes full of water, but it also changes the landscape by the action of erosion.

One of the Byzantine Empire's greatest contributions to civilization was Emperor Justinian's
A.
preservation of Roman buildings.
B.
preservation of Roman republican government.
C.
preservation of traditional Roman customs.
D.
preservation of Roman law.

Answers

Answer:

Justinian I served as emperor of the Byzantine Empire from 527 to 565. Justinian is best remembered for his work as a legislator and codifier. During his reign, Justinian reorganized the government of the Byzantine Empire and enacted several reforms to increase accountability and reduce corruption.

B.

preservation of Roman republican government.

The first great awakening did all of the following except ,

A. Spread a message of personal faith

B. Encouraged individuals to bring about their own salvation

C. Brought together “old” and “new” lights

D. Saw the rise of several new denominations

Answers

The first great awakening did all of the following except, Spread a message of personal faith.

The First Great Awakening

The first great awakening was more focused on bringing reforms among Americans. It began to spread in American colonies from the 1730s to 1770s.

Preachers and ministers travelled from one town to another town. They spread the words of their Lord, salvation and sins.

Settlers were encouraged to make connection with God without relying on a minister.

Therefore we can conclude that spread a message of personal faith was not part of the first great awakening.

Thus option A is the correct answer.

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Many Plains Indians had trouble living on reservations because they were
O nomadic hunters.
O farmers.
O day laborers
O explorers.

Answers

Answer : Nomadic Hunters

Answer:

A: Nomadic Hunters

Explanation:

All of the following are types of fish native to Oklahoma except __________. A. bass B. catfish C. verbena D. carp

Answers

Answer:

C. verbena

Explanation:

All of the following are types of fish native to Oklahoma except verbena. Hence, option C is correct.

What is Oklahoma?

If you're considering moving there, Oklahoma City may be a great place to live, work, and play for a variety of reasons. It's inexpensive, in a secure area, and convenient to get there whether you're working, shopping, or dining.

In addition to its rich Native American history, Oklahoma is widely known for its strong oil and agricultural industries. In addition, Oklahoma is well-known for its country music, collegiate athletics, and the fabled Route 66, which previously cut across the state.

One of the 50 states that make up the USA is Oklahoma. With Kansas and Colorado to the north, Texas to the south and west, the New Mexico Panhandle, and the states of Missouri and Arkansas to the east, it has shared borders.

Thus, option C is correct.

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European rulers established colonies along the Atlantic coastline. Which feature of this coastline especially attracted European colonists? A. Its many offshore islands. B. Fertile soil along high mountain cliffs. C. Natural harbors along the Atlantic Ocean. D. Large lakes located along the coastlines.

Answers

Answer:B

Explanation:

European rulers established colonies along the Atlantic coastline because they were attracted by the features of the coastline, like the fertile soil along the high mountain cliffs. Hence, the option B holds true.

What is the significance of the European rulers?

The European rulers became active in establishment of colonies throughout the different parts of the world. This era of their colonial establishment started after the Age of Exploration came to an end. Europeans started to capture such regions, which were geographically diverse.

One such establishment of the European rule was along the regions of the Atlantic coastline, which was geographically diverse in a way that the soil was quite fertile, and the region was covered with high mountain cliffs. This made attraction of European rulers towards the region.

Hence, the option B holds true regarding the significance of the European rulers.

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Which were the two southern states with the largest number of African Americans serving in state government during Reconstruction? O A Mississippi and South Carolina O B. Florida and Georgia O c Texas and Alabama O D. Virginia and Louisiana​

Answers

The answer is A. Mississippi and South Carolina!! Hope this helps!!
It’s A because mississippi has a lot of southern states of African Americans and so does South Carolina

In what ways did ancient India follow patterns of development similar those seen
elsewhere

Answers

Answer:

Architecture: In ancient India, architecture styles were followed in variations to strengthen their habitat survival. Stones and lime mortar were used to build super high temples, forts and houses. This is similar to the Roman civilization Architecture lifestyle pattern.

Urban planning: Roads, Sewers and water supply lines servicing to the people lived in urban areas were planned and laid. Center for education , army , business were established to improve the lifestyle of people.

Trade: Coins were created to trade within people of local and foreign countries which were followed throughout the globe. There were records of Roman coins found in archaeological sites which proved that the coin exchange existed.

Religious life: Spiritual life and life around one supreme power was widely believed and followed through building temples, worships and related literature.

Explanation:

Architectural,  trade, money system, and religion patterns of development are similar to those seen elsewhere.

What is development?

Development can be defined as the process where there are changes going on with the help of people, technologies, etc. These developments mostly help the people on welfare and are uplifting.

Massively, temples, castles, and dwellings have been constructed using rocks and cement content. Along with that, the citizens were modified with the building of roads and a proper sewer system.

Coins were developed to facilitate trade between citizens, and they became used all across the world.

As the other people used to make some kind of religious temples for their god, the same happened to the Indian people, they build temples and their monuments were placed there.

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