Why is it tempting to think that credit cards, and other forms of credit, negate
scarcity?

Answers

Answer 1

Answer:

Credit cards allow families to make purchases in excess of their current income.  Just like for families, there are negative effects of spending more money than the government brings in with revenue.

Explanation:

Answer 2

It is tempting to think that credit cards, and other forms of credit, negate

scarcity because credit cards allow us to exceeed or spend beyond our limits.

However, while the use of credits allows us to borrow from our future to pay or afford to buy at the moment to negate scarcity, we are more likely not to have enough to spend in the future, hence, the issue of scarcity will still come.

Also, since credit cards have limitationsn,limitations ere is a llimitationsimit to how much credit cards can negate scarcity.itatillons, there is a limit to how much credit cards can negate scarcity.

Hence, it is tempting to think that credit cards, and other forms of credit, negate

scarcity because credit cards allow us to exceed or spend beyond our limits.

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Related Questions

Which of the following Indian commodities was essential to European diet, and a big lure of European action in the Indian Ocean basin

A - Pepper
B - Salt
C- Paprika
D - Corn

Answers

Answer:

A - Pepper

Explanation:

The Europeans were known to have traded with the Indians in the 15th century. During this period, the Europeans were majorly trading with Asia purposely for the spices products including pepper from India.

However, instead of trading through the Arabs or Muslims, the Europeans took it upon themselves to go direct to the source by partaking in the Indian Ocean Basin which is the sea route to India.

What was the population of holland in 1939

Answers

Answer:8 million

Explanation:

Approximately 8 million people in the year of 1939 in Holland

The 6th Amendment to the U.S. Constitution guarantees a jury trial to U.S. Citizens. Identify the particular responsibility that citizens have to one another to ensure a right to a jury trial.
A. Attending school board meetings
B. Serving on juries
C. Paying taxes
D. Serving in the military

Answers

I think it’s paying taxes

-was the final battle of the Revolution

-was the battle where Washington crossed the Delaware River to attack the Hessians on Christmas Eve.

-was the turning point of the Revolution. After this battle, the French and Spanish pledged their support to help America against the British.

-was the Winter Camp for Washington twice during the Revolution. Soldiers experienced great hardships there, but they stayed true to the cause.

-were the people who were of the upper class and station. They supported the King.

-were 1/3 of the people who sided with neither group.

-joined the cause of the British because they did not trust the Colonists.

-were 1/3 of the people who were mostly businessmen and middle-class people. They supported independence.

-is the term for rising prices that happened as the Congress printed paper money with no gold to back it.

-A Prussian commander who trained American troops and revamped our Army camp system to make it healthier.

-was a French commander who assisted Washington in getting France's support and became a trusted American commander.

-British general who fought mostly in the South. While initially successful, he loses to Washington at Yorktown.

-The battle between Nathaniel Greene and Cornwallis where the British lose 1/4 of their fighting force.

-The treaty that ends the Revolutionary War.

-A Belief in the equality of all people. The idea that ability, effort, and virtue, not wealth and family defined one’s worth.

Answers

Answer:

hi, hi, hi, hi, hi, hi, hi, hi, hi, hi, hi, hi, hi, hi, hi, hi, hi, hi, hi, hi, hi, hi, hi, hi, hi, hi, hi,

Explanation:

Expressed powers are those that are A .Establishing trade with foreign countries B. Allocating funding to troops C. Issuing driver's licenses D. Printing new currency and metal coins

Answers

Answer:

1. Establishing trade with foreign countries

2. Allocating funding to troops

3. Printing new currency and metal coins

Explanation:

Expressed power is a form of constitutional power that is explicitly stated in the United States as the power of Congress or the federal government in general.

In general, the expressed powers as stated in Article 1, Section 8 of the constitution include the following:

1. The power to tax

2. The power to coin money for the country

3. The power to legislate foreign and domestic commerce

4. The power to raise and maintain armed forces

5. The power to set standards of weights and measures in the country

6. The power to grant patents and copyrights to inventors

7. The power to administer foreign affairs

8. The power to make treaties.

Hence, it can be concluded that in this case, the correct answer is option A, B, and D

Answer:

C) issuing driver's licenses

Explanation:

how was the upper class viewed in the past?

Answers

In the past past, during Great Depression no one liked them because they had a whole bunch of rights and things that the poor/ lower class didn’t. Also in 1800s the upper class was the kings and rich men of the world, no one liked them because they were greedy and didn’t care for others but themselves

Who has legislative power?

Answers

Answer:

Congress

Explanation:

Why did the Visigoth general Alaric invade Rome? (1 point)

Question 22 options:

1)

to build the Visigoth empire

2)

to re-establish the pagan religion

3)

to escape the Huns

4)

to merge with the Ostrogoths

Answers

Answer: To escape the Huns

Explanation: He feared the Huns and fled into Italy he ran into Rome and crushed it.

Answer:

huns

Explanation:

Which was a positive aspect of life for American Indians on Spanish missions?

A.) American Indians no longer had conflicts with other American Indian tribes.
B.) American Indians could leave the mission whenever they wished.
C.) American Indians learned useful skills, such as farming, carpentry, and herding.
D.) American Indians abandoned their customs, language, and old ways of life

Answers

Answer: I think the answer is B if not try C

Explanation:

Answer:

c

Explanation:

c

• had one central leader
• had a unicameral legislature: a group of people that made laws
• allowed colonists some religious freedom
• colonists had some freedom and rights

The examples in the box are principles from the Pennsylvania Charter of Privileges. What kind of government is described by the examples from the box?
A.
an imperial government
B.
a monarchy
C.
a republic
D.
a limited government

Answers

Answer:

limited government

Explanation:

William Penn's colony of Pennsylvania was ruled by a limited government. In a limited government, government leaders are only allowed a portion of the power and regular citizens have some power and choice.

HELP PLZ

Christianity emerged from what other major religion?*
5 points
O Confucianism
O Judaism
O Daoism
O Buddhism

Answers

Answer:

judaism

Explanation:

Answer:

Judaism

Explanation:

I don't know why but that's just how it happened

How did the Industrial Revolution have a positive effect on one group in Britain? Explain.

Answers

Answer:

The Increase in wealth, the production of goods, and the standard of living.

Explanation:

People had access to healthier diets, better housing, and cheaper goods. This lead to Education Increased during the Industrial Revolution.

What were the six legal principles that originated in Rome?

Answers

Answer:

 {Kirito here! I believe the answer is this-}

Roman law, the law of ancient Rome from the time of the founding of the city in 753 bce until the fall of the Western Empire in the 5th century ce.It remained in use in the Eastern, or Byzantine, Empire until 1453.As a legal system, Roman law has affected the development of law in most of Western civilization as well as in parts of the East.

Explanation:

Hope this helps!

If not just let me know

1 . people of the same status are equal b4 the law
2 . an accused person is presumed innocent until proven guilty
3 . guilt must be established ‘clearer than daylight’ through evidence
4. the accused should be allowed to face his or her accuser and defend against the charge
5 . decisions should be based on fairness , allowing judges to interpret the law

What other groups should be prioritized for the new vaccine?

Answers

Answer:

Nobody hopes this helps :D

Explanation:

The group of men that took Fort
Ticonderoga for the Americans
was known as the

A. Redcoats
B. Green Mountain Boys
C. Sons of Liberty

Answers

Answer:

C

Explanation:

B. Green mountain boys

What caused the texas revolution

Answers

Answer:

Refusal of many Texas.

Explanation:

The most immediate cause of the Texas Revolution was the refusal of many Texas, both Anglo and Mexican, to accept the governmental changes mandated by "Siete Leyes" which placed almost total power in the hands of the Mexican national government and Santa Anna.

Would war have been worthwhile at this point?

Answers

Answer: no

Explanation:

What did Gregor Mendel use to discover the principles that rule heredity?
Answer chooses
A. A Pea Plant

B. Pigeons

C. Photosynthesis

D. Pear Trees

Answers

Answer:

A

Explanation:

He used pea plants due to their ability to reproduce sexually and their easily observable traits.

Answer:

A. Pea Plant

Explanation:

coz u know..........

Which was the last English colony founded in North America?
A.
Carolina
B.
New Orleans
C.
Detroit
D.
Georgia
E.
Pennsylvania

Answers

Answer:

it is Georgia it was founded in 1733

Answer: The correct answer is Georgia

How do you write 4.973 as a percentage

Answers

Answer:

497%

When writing a number as a percent, you multiply by hundred, sense any normal muliplyed by 100 , is itself, but two more zeros,

you just move the decimal over two places, drop the numbers from that back and add a percent, you could also write it as 497.3 %, but that isn't too common

hope this helps, :)

Why did blacklisted union members have trouble finding jobs after the Pullman strike?

Answers

Answer:

They believed it was unfair that factory owners were rich while workers barely survived. Why did blacklisted union members have trouble finding jobs after the Pullman strike? They were viewed by potential employers as troublemakers.

Explanation:

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How do the two definitions of women’s freedom differ from one another?

Answers

Answer:

-women should be able to go out and speak publicly in front of people

-women should exert their power within american society because men were superiors in certain roles

-Beecher believed the abolitionist movement was dangerous because it caused violence and women were only used to private duties in the household

Explanation:

WILL MARK BRAINLYST PLEASE HELP Which city is in lands reconquered after the fall of the Western Empire?
Athens
Cairo
Ephesus
Syracuse

Answers

Answer:Syracuse i think is the answer

Explanation:

Analyze the diagram and use your knowledge of history to answer the following question
U. S. Exports to Europe 1912-1917
(in millions $)
2000
1600

Which of the following would be best explained by the information above?

A. The U.S. would not feel that France needed much in the way of economic support during WWI.
B.The amount of economic activity done in Europe would cause the U.S. to continue it's isolationist policy
C. The amount of economic activity done with France and Britain would make it necessary for the U.S. to join the war effort.
D. The U.S. would feel that Germany was too much of a economic benefit to decide to go to war against

Answers

Answer:

C. The amount of economic activity done with France and Britain would make it necessary for the U.S. to join the war effort.

Explanation:

C seems more probable but economics is the main reason the US joined in WW1 in 1917. The other options don't make sense according to the graph.  

Help me please! it is urgent!

Answers

Answer:

The Second Treatise of Government places sovereignty into the hands of the people. Locke's fundamental argument is that people are equal and invested with natural rights in a state of nature in which they live free from outside rule.

Explanation:

I hope this helps, I am sorry if it doesn't

How did the Enlightenment challenge to the
idea that we were "living in best of all
world's" help us?
I NEED THIS ASAP PLS ILL MARK AS THE BRAINLIEST

Answers

Answer:

Everyone no matter the race, age, or importance had an opinion of how governments should be ran. There's no perfect government, the enlightenment was to help fix governing to the best way for human kind but all it did was make it worse.

Explanation:


Which court would hear this case? Mr. Jones is suing Ms. Brown for the cost ($2,000) to fix his fence when her tree fell and crushed the fence.

Answers

Answer:

a local court

Explanation:

In 1519, the first Native Americans introduced to Hernando Cortés of Spain were the _____.


A.) Aztecs

B.) Incas

C.) Hohokam

D.) Mayas

Answers

Answer: Aztecs

Explanation:

A is the correct answer

Provides that rights not granted to the national government by the Constitution are reserved to the states or to the people.

Answers

Answer:

I provides a real world example.

Explanation:

Did the kkk support women's suffrage? Why or why not?

Answers

Answer:

Yes

Explanation: Klan leaders started saying positive things about women’s suffrage. They started encouraging women to come in, and women did

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