Goldschmidt Suggests That It Is Possible to Make Judgments About

question 48

Multiple Choice

Goldschmidt suggests that it is possible to make judgments about which cultures are more successful than others.How does he suggest this can be done?

• A) by looking at which cultures control the most fertile land
• B) by considering which cultures last the longest
• C) by how well a given culture satisfies people's physical and psychological needs
• D) by how effectively a given culture controls behaviour and immorality

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Definitions:

Aggregate Expenditure Curve

A graphical representation that shows the relationship between total spending (consumption, investment, government spending, and net exports) and the level of national income.

Aggregate Demand Curve

A graphical representation showing the relationship between the overall price level in the economy and the total demand for goods and services at that price level.

Investment

The purchase of goods that are not consumed today but used in the future to create wealth, including machinery, buildings, or equipment for production.

Income

is the money received by individuals or entities, typically in the form of wages, salaries, rent, interest, dividends, or profits, for providing labor, capital, or resources.