Why do economists go to the extremes and work in marginally for an answer, give an example.

Answers

Answer 1

The correct answer to this open question is the following.

Economists go to extremes and work marginally for an answer because economics is not an exact science. It is a social science and the scientific method can't be used to make predictions.  

Economics is based on the social behavior and decisions of human beings. So economists cannot make rational decisions because the market cannot be predicted. It depends on many factors. Economists are able to forecast, based on variables presented in the moment of the forecast. But these are never considered predictions.

For example, the stock market. It is based on the manipulation of markets or the economic situation of a company. Supply and demand is another factor. So economists are limited in their capacity to make solid statements.


Related Questions

In general, New England colonists
American Indian ownership of their land.

Answers

Answer:

in general,new England colonists did not recognize American indian owner of their land

Explanation:

the answer is did not recognize

New England colonists typically did not acknowledge American Indians as the land's true owners.

What are Colonists?

The Settlers and the Anno series served as inspiration for the calming settlement-building game The Colonists. Take on a series of individual campaign missions, play randomly generated maps, engage in competition on user-designed projects, or, in the sandbox mode, develop your colony without any restrictions.

Native Americans had little use for the idea of land as a commodity, particularly not in the context of private ownership. Indian organizations would sell land this way, but in their eyes, they had simply sold the rights to use the land.

Therefore,  colonists typically did not acknowledge American Indians as the land's true owners.

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How is American literature of the 17th and 18th centuries different from literature written in Britain during the same time period?

Answers

Answer: It has uniquely American themes.

US President Dwight Eisenhower developed the Domino Theory based on a fear which possible event ​

Answers

Answer: based on the fear that if one nation becomes communist, the countries around it will also

What is a dolmen?
O A.
a megalithic tomb chamber built with the post-and-lintel method
OB.
a large stone construction
OC.
a tomb chamber covered with smaller rocks and dirt

Answers

Answer:

A

Explanation:

A dolmen is a megalithic tomb chamber

Which two of these items were produced in ancient Greece for trade?

Answers

Greece's main exports were olive oil, wine, pottery, and metalwork

The 'circle' in hip hop dance embodies all the African aesthetics below except one. Which one?

Answers

The correct answer to this open question is the following.

Although you do not include options for this question, we can say the following.

The 'circle' in hip hop dance embodies all the African aesthetics below except one. Which one?

Answer: A living continuum is preserved though directly repeating the movements of the teacher.

Hip hop dance has come to revolutionize the way young people dance. After many years of breakdance on the streets, hip hop is here to stay. Since its conception in the early 1970s, this format of modern African American dance has permeated in all social strata, and the music can listen in all night clubs, bars, and parties.

The most popular hip hop dance formats are: Up rock, Funk, Breakdance, Stepping, and Boogaloo.

Which of these statements describe the challenges facing the United States during Reconstruction?
Check all that apply.

After the Civil War, radicals and moderates could not agree about how to treat the South.

Only a few thousand soldiers had died.

Many Southern cities and farms lay in ruins and needed to be rebuilt.

Millions of enslaved people were suddenly freed and their future role in society was uncertain.

Answers

Answer:

Many Southern cities and farms lay in ruins and needed to be rebuilt.

Millions of enslaved people were suddenly freed and their future role in society was uncertain.

Radicals and moderates had to learn that they were going to need to work with the south to handle the challenges of the US during this reconstruction phase.  The Civil War was the most soldiers lost, it was a civil war...

Explanation:

Three challenges that United States faced during Reconstruction were:

After the Civil War, radicals and moderates could not agree about how to treat the South.A few thousand soldiers had died.Many Southern cities and farms lay in ruins and needed to be rebuilt.Millions of enslaved people were suddenly freed and their future role in society was uncertain.

What was the Civil War?

The American Civil War was a civil war in the United States between the Union and the Confederacy. The Civil War was a brutal war that lasted from 1861 to 1865. It left the south economically devastated, and resulted in the criminalization of slavery in the United States.

After the Civil War, Radicals felt strongly that the South needed to be punished for their pro-slavery views. They also believed that government intervention in states was necessary to ensure abolition of civil rights for Blacks.

What was the Reconstruction?

The Reconstruction era was a period in American history following the American Civil War. Reconstruction was an effort to reunify the divided nation and integrate millions of newly freed African Americans into social, political, and labor systems.

The Southern economy during Reconstruction was in very bad shape because of the Civil War. The war had many negative effects on the Southern economy. Farms and plantations were in disarray and often  in ruins. Some had been burned to the ground.

Hundreds of thousands of enslaved African Americans in the South  were suddenly freed and they faced new difficulties finding a way to forge an economically independent life.

However, this reconstruction era was a significant transformation within the United States.

Hence, the answer was given and explained above.

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What was NOT a major cause of the American Revolution?

Answers

Answer: The American Revolution was principally caused by colonial opposition to British attempts to impose greater control over the colonies and to make them repay the crown for its defense of them during the French and Indian War, so anything other than this. Hope this helps!

What is Truman’s argument to Senator Alben Barkley about why his veto should stand?

Answers

Answer:

Explanation:

If you are referring to the Taft-Harley act veto, then the answer should be that he considered the act to be unconstitutional because it would be breaching democratic principles. It would be limiting free speech and would limit the people's power to join into unions and fight for their labor rights. The Senate overrode the Veto.

Question: Why were why were Common Sense and the Declaration of Independence important documents in
America's decision to become free from Great Britain?

Answers

The correct answer to this open question is the following.

Although options were not provided, we can answer the following.

Common Sense and the Declaration of Independence were important documents in America's decision to become free from Great Britain because they were inspirational documents that encourage the colonists to take action and start the American Revolutionary War to demand independence from the English crown.

Thomas Pain was the author of "Common Sense." For the Declaration of Independence, the US Congress decided to appoint what was known as "a committee of five." They would be responsible to draft the Declaration of Independence. They were Thomas Jefferson, Benjamin Franklin, Robert Livingston, Robert Sherman, and John Adams.

According to Tocqueville, what motivated the ordinary American to participate in public life

Answers

Answer:

According to Tocqueville, Americans were motivated to participate in public fortune because of their greed.

Explanation:

Alexis de Tocqueville is a French Historian who wrote a book titled 'Democracy in America' after traveling for nine months in America in 1831. In his book he wrote about his observation in America.

He wrote that the ordinary people participated in affairs of public fortune because of their greed. He stated that ordinary people in America understood the benefits of using general prosperity for their own benefits. Thus they participate in public life because of their greed.

What was the political impact of the Justinian Code?

Answers

The political impact of the Justinian code is that it helped to create a stronger central government which made codes that monarchs could use.

What was the Justinian code?

These were a set of rules and laws that were created under the ruler of the Byzantine empire called Justinian I.

The codes created the laws that were used by rulers in governing the people by bringing law and order back to the empire.

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What is The colony of New France was made up of

Answers

Answer:

Known as the french American colonize

In __________ the National FFA Foundation was established to allow companies and individuals to donate money to the FFA.

Answers

Answer:

1928

Explanation:

The National FFA Foundation is an American organization that has its goal of improving the lives of students through the medium of agricultural education.

This foundation was established in 1928 to allow companies and private individuals to make monetary donations to the FFA.

In the Chinese calendar, the year 2018 was the Year of the Dog. When will the next Year of the Dog be?

Answers

Answer: In 2030 or 12 years later

Explanation:

The Chinese Calendar is based on 12 different zodiac animals or signs, some of these include the rat, the dog, and the pig. Additionally, these zodiac signs have a strict order, and every year is associated with a specific zodiac animals and its features. This creates a cycle of 12 years, which means every 12 years the same zodiac animal is repeated. In this context, if 2018 was the Year of the Dog, the next Year of the Dog will be 12 years later or 2030, which applies not only to the Year of the Dog but to any other zodiac animal in this calendar.

Operation Restore Hope in Somalia was a crisis response operation which required _______ to protect U.S. forces while accomplishing the mission.

Answers

Answer:

Security cooperation

Explanation:

Operation Restore Hope in Somalia was a crisis response operation that required Security cooperation to protect U.S. forces while accomplishing the mission. Thus, strategic planning and military intervention were required.

In order to safeguard American personnel while carrying out the task, Operation Restore Hope in Somalia requires careful preparation and military engagement. The United States and other international forces started this operation in 1992 with the intention of bringing stability and humanitarian aid to Somalia.

The major goal was to ensure the delivery of humanitarian aid to the Somali people, who were suffering from starvation and civil upheaval, while also providing security and support. To accomplish its objectives, the operation combined military actions with efforts at peacekeeping and humanitarian aid.

Therefore, "Security cooperation" is the appropriate answer.

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Why do some historians question Marco Polo's veracity?

Answers

Answer:

The historians doubt Marco Polo's veracity of venturing into deep of China and Mongol as his accounts leave certain main descriptions such as the Great Wall of China, tea drinking, binding of women's feet, etc.

Explanation:

Marco Polo was an adventurer of the 13th century, who believed to have ventured across Asia. The accounts of his adventure to Asia is written in his travelogue which is published under the title 'The Travels of Marco Polo.'

Marco Polo ventured into the land of China through a route which later came to be known as Silk Route. Some historians like Frances Wood, questioned reliablity of Marco Polo's venture into China on the account of missing descriptions about China.

They argued, that, if Marco Polo did really explored into deep of China and Mongol region then how did he not mention about the Great Wall of China. And the most baleful practice of binding of women's feet. And the tradition of drinking tea.

how has islam been important to the development of the world

Answers


Because the Muslim world was the center of philosophy, science, mathematics and other fields for most of the medieval period, many Arabic ideas and concepts were spread across Europe, and trade and travel through the region made understanding Arabic an essential skill for merchants and travelers alike.

How did domesticating plants help the people of the Neolithic era domesticate animals?

By domesticating plants, people could barter for domesticated animals.

Domesticated plants were used to attract animals that could be domesticated.

By domesticating plants, people could spend less time gathering wild plants for food.
Domesticated plants provided a reliable food supply to feed the domesticated animals.​

Answers

Answer: About the same time they domesticated plants, people in Mesopotamia began to tame animals for meat, milk, and hides. Later, people began domesticating larger animals, such as oxen or horses, for plowing and transportation. These are known as beasts of burden. Domesticating animals can be difficult work.

If this didn't help please let me know!

Answer:

Domesticated plants provided a reliable food supply to feed the domesticated animals.

Explanation:

Domesticated plants provided a reliable food supply to feed the domesticated animals.


Item 1
How has the Mississippi Delta been formed over time?

through the buildup of deposited silt

through the process of erosion

through the construction of levees and dams

through the fragmentation process

Answers

Answer:

through the buildup of deposited silt

Explanation:

The formation of the Mississippi River Delta can be traced back to the late Cretaceous Period, approximately 100 million years ago, with the creation of the Mississippi embayment. The embayment began focusing sediment into the Gulf of Mexico, which facilitated the deltaic land-building processes for the future.

How is the Constitution formally amended and how is it changed informally?

Answers

The Constitution can be changed through both formal and informal processes. A formal change is called an amendment, or addition. To amend the Constitution, it has to be voted on by both houses of Congress by a two-thirds majority. So, be it formally or informally, the U.S. Constitution is made to be changed.

Formally:

There are a couple ways that the U.S. Constitution could be formally amended. First Congress could adopt a proposed amendment (2/3 majority vote in both House of Representatives and Senate) and then send that proposed amendment to the state legislatures to be adopted - 3/4 majority required.

Informally:

States or the federal government can propose a new amendment to the Constitution either through state conventions or a two-thirds majority vote in both the House and the Senate. To ratify an amendment to the Constitution, three-fourths of state legislatures or three-fourths of special state conventions must approve it.

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In what way did World War Il represent a turning point in modern world
history?

Answers

Answer:

The destruction caused by the war led countries to isolate themselves from the world

Explanation:

When WW2 broke out countries wanted to stay apart from other countries because They were afraid that the other country would join the war and bring destruction to their country.

:)

Why was Arizona Statehood founded on a direct democracy?

Answers

Answer:

Simple answer: there were barely any residents in Arizona at the time to warrant representatives

Explanation:

How were the English finally able to establish colonies in the new world ?

Answers

Answer:

After getting permission from King James

Explanation:

In 1606, King James I granted a charter to colonize Virginia, the whole area claimed by England in the New World, to a joint-stock company called the Virginia Company of London. ... Here they founded Jamestown, the first permanent English colony in the New World.

According to Article Il of the Constitution, who represents the nation and creates policies?
O the president
O the Senate
O the House of Representatives
O the Supreme Court​

Answers

C they represent it

Why are airports and newspapers both examples of movement? Explain your answer.​

Answers

Answer:

Newspapers and Airplanes are in diverse places. (keep reading)

Explanation:

For example, In the U.S most newspapers are in English while in Mexico they are in Spanish. You can travel on an airplane from the U.S to Mexico and it would still be movement.

"What does it mean to be an American?"

Answers

Answer:

Explanation:

To be an american is to be free to be any race, culture, and religion.to be american is to be free to be whatever you want to be.

Answer:

Being American is being free and having liberty. One of our greatest symbols is the Statue of Liberty. We are all protected by the constitution and the law that serves to our purpose. You have the right to pursue your dreams!

Explanation:

No I'm kidding, this country aight tho

Which best describes one way that African American abolitionists differed from white abolitionists? A. African American abolitionists preferred colonization. B. African American abolitionists emphasized legal and social equality. C. African American abolitionists preferred protest over political action. D. African American abolitionists advocated violence. E. There were no significant differences.

Answers

The answer is E. There were no significant differences

Answer:

B. African American abolitionists emphasized legal and social equality.

Explanation:

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¿Crees que es suficiente lo que indica la ley chilena para prevenir la incitación al odio? Justifica tu respuesta.

Answers

La respuesta correcta para esta pregunta abierta es la siguiente.

Yo creo que no es suficiente lo que indica la ley chilena para prevenir la incitación al odio. Sin embargo, esta es una situación muy compleja porque tiene que ver con los propios valores y la educación de cada chileno.

El odio es un sentimiento negativo hacia algo o hacia alguien. Proviene de una serie de experiencias y frustraciones del individuo que lo hacen expresar un sentimiento tan negativo como el odio. La ley puede obligar a respetar ciertas pautas de conducta, pero es imposible que una ley se entrometa con los valores y los actos de conciencia de las personas.

De ahí la complejidad de este asunto.

6. What is theater?​

Answers

Answer:

Read Exp:

Explanation:

A theater is a building mainly used to put on acts such as plays and musicals as well as operas and even speeches and graduation ceremonies. Most schools have these as well as cities have theaters all around playing different things.

It’s a place where people sing it’s like a concert I’m not sure how to explain sorry for my bad English
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