How does Young explain the effects of the price of bread?

Answers

Answer 1

Final answer:

Young explains the effects of the price of bread by discussing its characteristics as a Giffen good and the broader implications of inflation and hyperinflation on the economy.

Explanation:

Young analyzes the effects of the price of bread by showcasing its role as a Giffen good, which is an inferior product that sees an increase in demand as its price rises. This is contrary to normal goods, where demand typically decreases with an increase in price. In the case of bread, if its price goes up, families might end up buying more bread because it remains the most affordable food option despite the price hike, especially if they need to reach a certain caloric intake. This could lead to a reduction in the purchase of more expensive food items.

In terms of the broader economic impact, hyperinflation could lead to a scenario where money loses its value so rapidly that people abandon the monetary system and revert to bartering or using a more stable foreign currency. The hyperinflation example of a loaf of bread costing $550 million illustrates an extreme case of the devaluation of currency, emphasizing how critical the stability of a currency is, to maintaining functional markets and an economy.


Related Questions

Which action would be encouraged under a capitalist system but discouraged under a mercantilist system

Answers

Final answer:

In a capitalist system, free trade is encouraged, while in a mercantilist system, protectionism is encouraged.

Explanation:

In a capitalist system, the encouraged action would be free trade, where individuals and businesses are allowed to engage in voluntary transactions without government interference. Capitalism promotes competition, entrepreneurship, and the pursuit of profit through market forces. On the other hand, in a mercantilist system, protectionism would be encouraged, which involves restricting trade through high tariffs, bans on certain goods, and monopolies. Mercantilism aims to increase wealth and power by accumulating precious metals and controlling colonial and foreign markets.

In what ways was roberto clemente more than just a baseball star?

Answers

Answer: He was a great humanitarian and human rights activist.

Explanation:

Roberto Clemente was the personification of kindness. His former teammates point out that this is a man who was full of love for people. In the American Professional Baseball League, the award for greatest humanitarian is presented annually, and the award is named after Roberto Clemente.

Throughout his life, he sought to help those at risk who are on the sidelines. Roberto Clemente is not just a legend for the fact that he is one of the best baseball players ever. Roberto Clemente is a legend because he was human. Today, many establishments across America are named after him. He fought against racial discrimination, however, a premature death took the life of this baseball giant.

How did the king henry viII love of women lead to the English Reformation ?

Answers

Answer: The king wanted to divorce his wife, Catherine of Aragon, so that he could marry Anne Boleyn.

Explanation:

Henry's first wife, Catherine of Aragon, failed to give him any male children. Henry was afraid that he would not have any sons to be his heirs, and decided to divorce her. However, the Pope refused to give them a divorce, as Catherine's family ruled Spain - a Catholic country. As a consequence, Henry chose Thomas Cranmer as a new Archbishop of Canterbury. He did succeed in getting divorced, but ended up thrown out of the church. This resulted in Henry passing the Act of Supremacy (1534), making the king a head of the church instead of the pope. In this way, the new Church of England was founded, and people were forced to support the king. The same year he got divorced, Henry married Anne Boleyn, but she was eventually executed as she also failed to give him a son.

Mastery Assess It_5 School Year > Week 15 > Day 72
6. Which of the following was not one of Copernicus' key points in his theory of a heliocentric universe?
The different seasons are due to Earth's revolution around the sun.
O Earth's revolution is responsible for the various views of the stars.
O Instead of the sun, Earth is the center of the universe.
O Earth's rotation is the reason for sunrises and sunsets.
6 of 25
DESCRIPTION​

Answers

O Instead of the sun, Earth is the center of the universe.

Explanation:

Copernicus was a Polish astronomer, mathematician, lawyer, physician and economist. Copernicus is the first scientist to formulate a heliocentric system of space bodies, according to which the Sun is at the center of the solar system, not Earth, as previously believed. His work provoked violent reactions, but was quickly accepted in scientific circles. However, this was not easily accepted by the church, which is why the Pope forbade this act in 1616 and declared Copernicus a heretic, because his ideas went against church teaching. It did not help that Copernicus dedicated this work to the Pope.

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Final answer:

Copernicus' key points in his theory of a heliocentric universe include the apparent motion of the Sun about Earth, the apparent rotation of the celestial sphere, and the different seasons due to Earth's revolution around the sun. However, he did not suggest that Earth is the center of the universe.

Explanation:

Copernicus' key points in his theory of a heliocentric universe include:

The apparent motion of the Sun about Earth during the course of a year could be represented equally well by a motion of Earth about the Sun.The apparent rotation of the celestial sphere could be explained by assuming that Earth rotates while the celestial sphere is stationary.The different seasons are due to Earth's revolution around the sun.

Therefore, the option that was not one of Copernicus' key points in his theory of a heliocentric universe is: Instead of the sun, Earth is the center of the universe.

Sinclair was disappointed that his novel became more influential for its depiction of the meatpacking industry then its depiction of urban poverty. Which of these situations do you find more disturbing, and why?

Answers

Answer:

The urban poverty is more disturbing than the meatpacking industry.

Explanation:

Upton Sinclair published the novel titled The Jungle in 1906. Sinclair wanted to draw attention to the working conditions for those who worked wage-paying jobs in industrial cities like Chicago in the United States, but instead, people fixated more on the health violations that were also described in the novel. To research his investigative writing as a journalist he worked incognito and actually took on wage labor himself in the meatpacking plants of the Chicago stockyards so he could give a first-hand account. It is disturbing how we desensitize ourselves to the working conditions of other people and we don't often analyze how products are made and the working conditions for those people who make or produce them.

When the Roman government began to persecute Christians under Nero,

Answers

Answer:

Many Christians were died or killed when the Roman government began to persecute Christians under Nero, because the Christianity was declared illegal at that time.

Explanation:

The Roman Emperor Nero accused the Christians for starting the fire that burnt the whole Roman Empire. It was believed that the Christian religion was the counter religion to the traditional Roman religion. In Rome the great fire was caused because of the persecution of the Christians and because of influence of Christianity in traditional Roman religion. In 64 AD the collosal fire destroyed much of the the Roman cities. The Christians were persecuted in the next hundred years by the upcoming emperors.

Final answer:

The Roman government under Emperor Nero began extensive persecutions of Christians in 64 AD, following the Great Fire of Rome.

Explanation:

The Roman government began large-scale persecutions of Christians in the year 64 AD, following the Great Fire of Rome, for which the Emperor Nero placed the blame on the Christian community.

Nero's brutal persecution included tortures and executions, with Christians clad in pitch and burned alive, thrown to dogs, or crucified. This marked the onset of sporadic but intense periods of Christian persecution throughout subsequent Roman rule.

Early Christians suffered due to their monotheistic faith, which stood in contrast to the polytheistic Roman Empire, and their refusal to worship the Roman pantheon was seen as a form of treason. Persecutions continued and reached their peak during the reign of Emperor Diocletian starting in 303, known as the Great Persecution.

Such oppression only ceased with the issuance of the Edict of Toleration in 311 by Emperor Galerius and the eventual legalization and favoritism of Christianity under Emperor Constantine.

These persecutions were not only a product of religious differences but also seen as a means to maintain the hierarchical Roman society and political order. Despite the severity of these measures, Christianity continued to grow and spread across the Roman Empire.

How did Francis Townsend influence the creation of financial security for retired Americans?

Answers

Answer:

His formation of “Townsend clubs” helped pressure the government into creating social security.

Explanation:

Answer:

His formation of “Townsend clubs” helped pressure the government into creating social security.

Explanation:


Which of these was NOT a new wartime role for women?

A.
battlefield nurses
B.
government clerks
C.
munitions plant workers
D.
salespeople

Answers

Answer: D.salespeople

Explanation:

When World War II broke out, women started to work in defense plants and war-related organizations. This was a huge change for women, as they abandoned their traditional household chores. Women also worked as government clerks, truck drivers, laboratory technicians, etc. Some of them worked near the front lines as battlefield nurses. There is, however, no account of female population working as salespeople. This profession was not really popular during the wartime.

What did the Israelites believe about the prophets?​

Answers

That God sent prophets to share his word with people.

They believed in only one God not many gods like other cultures

Select the correct answer.
The smallest species of chameleon is found only on an island in Madagascar. This island has unique geological and climatic conditions that are essential for the chameleon to survive. The chameleon was recently declared an endangered species. Years from now, why won’t this chameleon's remains make for a good index fossil?
A.
Index fossils pertain only to prehistoric creatures that lived before modern times.
B.
Because it’s the smallest of all chameleons, the fossils will be nearly impossible to see.
C.
The large number of fossils discovered will exceed the maximum number required for an index fossil.
D.
The fossil's location isn't widespread because it is found in only one isolated region of the world.

Answers

The correct answer is D.

Answer:

D.

The fossil's location isn't widespread because it is found in only one isolated region of the world.

Explanation:

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What event ultimately started World War II an
Britain and France's attempts to prevent war?

Answers

Answer:

NEVILLE CHAMBERLAIN

Britain and France declared war on Germany on 3 September 1939, two days after the German invasion of Poland. The guarantees given to Poland by Britain and France marked the end of the policy of appeasement.

Explanation:

World War II began with Hitler's invasion of Poland in 1939, marking the end of Britain and France's appeasement policy.

The event that ultimately started World War II and ended Britain and France's attempts to prevent war was Hitler's invasion of Poland in 1939. After Hitler took over Austria and Czechoslovakia, Britain and France declared war when Germany invaded Poland. This marked the end of appeasement policies and the beginning of active engagement in World War II. Initially, Germany saw great success, conquering many European countries and threatening Britain. However, the involvement of the United States after the attack on Pearl Harbor by Japan transformed the dynamics of the war. Despite the initial “Phony War” period where direct conflict was minimal, the full-scale mobilization and the eventual engagement of Allied forces reshaped the course of the conflict.

Read paragraph 10 from Barack Obama's "Second Inaugural Address." Which quality does
Obama MOST strongly emphasize in this paragraph?
A. capability
B. creativity
C. individuality
D. community

Answers

The correct answer is letter D.

Explanation: He said "while freedom is a gift from God, it must be secured by His people here on Earth".

Who is the president

Answers

Answer:

Brainliest if helpful :)

Donald John Trump. (Aka Donald Trump)

Explanation:

Donald John Trump is the 45th and current president of the United States. Before entering politics, he was a businessman and television personality. Trump was born and raised in the New York City borough of Queens, and received a bachelor's degree in economics from the Wharton School at the University of Pennsylvania. He is 73 years old.

Select the correct answer.
Which of these is a way that politicians in the United States attempt to Influence the media?
A.
They try to "spin" the news by manipulating how reporters interpret events.
B.
They pass laws creating official agencies to censor media.
C.
They prohibit reporters from covering certain issues.
D.
They Jail reporters who write negative stories about them.
E.
They purchase media companies to control the campaign message.
Reset
Next
A is the correct answer

Answers

Answer: A

Explanation:

A. They try to "spin" the new by manipulating how reporters interpret events.

B, C and D are directly going against freedom of the press, it is unconstitutional and as a result it cannot be the correct answer. E is far too impractical and expensive for the majority of politicians. As a result A is the correct answer.

Politicians try to "spin" the news by manipulating how reporters interpret events in that way the politicians in the United States attempt to Influence the media. The correct option is A.

The term "spinning" describes the process of presenting data in a way that supports a specific point of view or narrative while downplaying or ignoring opposing viewpoints.

Politicians hope to influence how journalists perceive and convey events to the public in this way, potentially swaying public opinion in their favor.

It's critical to keep in mind that "spin" can be a popular communication strategy employed by politicians and other public figures to shape the story surrounding their decisions and actions.

Thus, the ideal selection is option A.

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How did the Panama canal benefit U.S. trade

Answers

Final answer:

The Panama Canal benefited U.S. trade by providing a shorter shipping distance between the Atlantic and Pacific Oceans. It also facilitated U.S. dominance in fruit and coffee production in the region and supported industrial activities and trade agreements.

Explanation:

The Panama Canal benefited U.S. trade in several ways. Firstly, it provided a vital transportation link between the Atlantic and Pacific Oceans, shortening the shipping distance between California and New York. This allowed for faster and more efficient trade between the East and West coasts of the United States. Additionally, the canal facilitated the dominance of U.S. companies in the region's fruit and coffee production, as well as supported industrial activities and the implementation of trade agreements like CAFTA.

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general tavington burned down the church in charles town south do you agree​

Answers

Answer:

Yes, I agree.

Explanation:

In a 2000 film 'The Patriot', a scene leading to the burning down of a church in the Charles town south is shown in a depictive manner. General Tavington, a cruel character shown in the movie is a mid-aged man with powers in hand and military to support and enhance those powers by following his orders. It is shown in the movie that General Tavington gathers people who are on the side of Gabriel (the character projected opposite of Tavington) in a church and gives his brigade the orders to burn the church.

How long was it from the time African American men were given the right to vote until women were given the right to
vote?
A almost 10 years
B. almost 25 years
C. almost 50 years
D almost 100 years
Please select the best answer from the choices provided
oooo
Next
Submit
Mark this and return

Answers

It would have been almost 100 years because African Americans were given the right to vote during the 1700’s but was revoked until the 1820’s

Which of these scenarios is most similar to the Aztec Empire's system of
agriculture?

Answers

A. A farmer watches the sun's patterns to determine the best time to plant his crops.  

B. A farmer plants many different crops in his field to make sure at least some of them thrive in the soil.  

C. A farmer plants the same crops in his field every year because the soil has always supported them in the past.  

D. A farmer observes the behavior of his animals to determine when to begin harvesting crops.

Answer:

Option A, A farmer watches the patterns of the sun to determine the best time to plant his crops (APEX).

Explanation:

Chinampas were built for Aztec agriculture in the middle of the empire. Chinampa is a form of cultivation that tiny, rectangular regions used to cultivate in the Mexican Valley on the deep lake beds. In essence, Chinampas were remote planting islands.

Maize was also known as maice, and the most common grain planted by the Aztecs was also the maize.  Maize can be preserved for a long time, but can be pounded in flour and turned into other foods, in contrast to being consumed as it was.

In Aztec agriculture, Squash was yet another important crop.  Aztec farmers have used many squash varieties depending on how they can be used properly as a food source.  For starters, the pumpkin was often used because its seeds contained a lot of protein.  And the flask was developed, as it could be used as a water jug after being consumed.

Answer:

A farmer watches the suns patterns to determine the best time to plant his crops

Explanation:

Which caused serious conflict between Native Americans and colonists?

A.
land ownership

B.
hunting laws

C.
fishing rights

D.
water sources

Answers

Answer:

A

Explanation:

Why did Washington retreat from New York City?

He was hoping for the people of the city to rally and assist him.
He was facing superior numbers and weapons.
He wanted to force the British to pursue him.
He needed to move his troops to a more stable city.

Answers

Answer:

He wanted to force the British pursue him.

Explanation:

Washington retreated from New York City because his forces were outnumbered and faced superior British equipment, necessitating a stealthy nighttime withdrawal to continue the fight for independence.

General George Washington decided to retreat from New York City primarily because he was facing superior numbers and equipment on the part of the British forces under General Howe. The situation for Washington's troops became dire after the Battle of Long Island, where the American forces suffered a severe defeat and were driven to Brooklyn Heights. Washington, recognizing that his position was compromised and that Howe was not aggressively pressing for an immediate attack, orchestrated a stealthy and silent retreat at night to preserve his army and maintain the possibility of continuing the fight for independence.

Washington's ability to communicate with his troops on Manhattan Island allowed him to call for reinforcements from Pennsylvania, which were essential in creating a diversion to cover his retreat. By having these reinforcements man the battlements and keeping the campfires lit, the British were deceived into believing that Washington's forces were still present. The weather, transitioning from rain to fog, further concealed the movement of the American troops. The success of the retreat was underscored by its silence and the cooperation of the soldiers involved, ensuring that General Howe's opportunity to end the Revolutionary War by capturing the American forces was lost.

Why might Puerto Rican’s feel angry about the federal government’s response to Hurricane Maria?

Answers

Answer: Due to delays in government assistance.

Explanation:

Mayor of San Juan, the capital, criticized President Donald Trump. The reason is that he did not point out to the president in the public appearances that he was sorry for the events in Puerto Rico.

Some critics of Donald Trump also point out that the president has expressed greater concern for residents of Texas and Florida at a time when these areas were hit by natural disasters.

Trump was criticized for bragging about the help the government provided to Puerto Rico in the aftermath of the hurricane. Authorities in Puerto Rico also complained that assistance was slow to arrive.

Congress has an implied power to do something not explicitly described in the Constitution

that is necessary to fulfill its other constitutional requirements. This power is based in the

Answers

Answer:

The Implied power of the congress is based/inferred in the end of article 1 section 8, it is not explicitly stated but it is  known as an "elastic clause".

Explanation:

It is called an elastic clause because it stretches the congress powers(authority). therefore giving the congress Implied power. Example of such Implied power is : The establishment of banks by congress to enable them carry out their constitutional requirement (congress power) of collecting taxes. an elastic clause is known as a necessary and proper clause

The majority of the important roles in the southern society went to

Answers

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The South thrived, but its riches was exceptionally unequally conveyed. Upward social portability did not exist for the millions of slaves who delivered a great parcel of the nation’s riches, whereas destitute southern whites imagined a day when they might rise sufficient within the world to possess slaves of their possess. Since of the cotton boom, there were more millionaires per capita within the Mississippi River Valley by 1860 than anyplace else within the Joined together States. Be that as it may, in that same year, as it were 3 percent of whites possessed more than fifty slaves, and two-thirds of white family units within the South did not possess any slaves at all. Conveyance of riches within the South got to be less equitable over time; less whites possessed slaves in 1860 than in 1840.

Which of the following provisions was not part of the Missouri Compromise?

Slavery would be prohibited in the Louisiana Territory.
Land north of 36° 30' would be free.
Missouri would be admitted as a slave state.
Maine would be admitted as a free state.

Answers

Answer:

Slavery would be prohibited in the Louisiana Territory.

Explanation:

The Missouri Compromise draft did state that slavery in the state of Louisiana would be banned, but it had a catch. By state, the parties of the compromise did not mean the entire state, but the rest of the state of Louisiana further north of the 36°30' horizontal latitude. The other clauses of the compromise spoke about the entry of other states as entirely free of entirely slave states.

Answer: b & d got it right on edge

Explanation:

Which of the following is an example of ageism?

Answers

Answer:

could u pls say which the options given fr this question

Explanation:

losing a job because of your age. being refused interest-free credit, a new credit card, car insurance or travel insurance because of your age.

this can be the examples fr ageism

Answer: Ehan is ignored at a car dealership and then openly mocked for looking like the child of someone who would buy from them.

Explanation:

Explain the promises made between the confederacy in the five tribes once the tribe sign treaties to join the confederacy

Answers

The following promises made between the confederacies in the five tribes once the tribe sign treaties to join the confederacy:

Negotiations between the tribes and the rulers were the abolition of slavery for the tribes which gave them eligible for rights that are eligible for freedmen. Another was the setting up of an intern tribal council where one person represented one tribe.

The next was they will renounce their lands for the construction of railways, along with them surrendering some land for supporting the confederacy. This was assumed to be a penalty for the same.

Answer:The following promises made between the confederacies in the five tribes once the tribe sign treaties to join the confederacy:Negotiations between the tribes and the rulers were the abolition of slavery for the tribes which gave them eligible for rights that are eligible for freedmen. Another was the setting up of an intern tribal council where one person represented one tribe.The next was they will renounce their lands for the construction of railways, along with them surrendering some land for supporting the confederacy. This was assumed to be a penalty for the same.

Explanation:

just took it

the growth of political machines in the gilded age led to?

Answers

Answer:

Political machine, in U.S. politics, a party organization, headed by a single boss or small autocratic group, that commands enough votes to maintain political and administrative control of a city, county, or state.

Explanation:

Why were European nations interested in smaller, less developed nations of the world during the 19th century?
Select one:
a. They wanted new markets to sell outdated goods--to make room for newer inventions.
b. They needed the natural resources in these places to supply their mills and factories.
c. Their treasuries were overflowing they needed somewhere to spend that money.
d. Due to a population explosion, they needed new homes for their citizens.

Answers

Answer:

The right answer is:

b. They needed the natural resources in these places to supply their mills and factories.

Explanation:

The 19th century is a historical period marked by rapacious European colonialism and imperialism. They invaded or subjugated nations, mainly in Africa and Asia , to get control of raw materials and resources for their national industries, and also for gaining new markets for trade expansion.

Answer:

The right answer is:

b. They needed the natural resources in these places to supply their mills and factories.

Explanation:

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I need help pleaseee

Answers

Answer:

A. Bill of Rights

Explanation:

Anti-Federalists held that a bill of rights was necessary to safeguard individual liberty.

The answer is A
Needed fair equal laws/rights

Who was the first European to round the southern tip of Africa?
O Hernán Cortés
O Vasco da Gama
O Ferdinand Magellan
O
Bartolomeu Dias

Answers

The answer is Bartolommeo Dias
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How many hours of activity should portion sizes for meals be enough to sustain for?a. 1b. 2c. 3d. 4 A surveyor wants to find the distance from points A and B to an inaccessible point C. These three points form a triangle. Because point C can be sighted from both A and B, he knows that the measure of < A= 53 degrees and the measure of < B = 61 degrees. In addition, the distance from A to B is 142 meters. Find AC and BC. Draw a diagram. Connecticut, Inc. uses the indirect method to prepare its statement of cash flows. Refer to the following portion of the comparative balance sheet: Connecticut, Inc. 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