Questions

The basic concept in economics is that all resources are limited.

In the aggregate expenditures model, it is assumed that investment does not change when real GDP changes.

• The aggregate expenditure is the sum of all the expenditures undertaken in the economy by the factors during a specific time period.

• The aggregate expenditure determines the total amount that firms and households plan to spend on goods and services at each level of income.

The Suez Canal in Egypt, is a 101 mile long canal that connects the Mediterranean Sea with the Gulf of Suez, a northern branch of the Red Sea. It was built in 1869 by Ferdinand de Lesseps.

The sonnet is a fourteen-line poem written in iambic pentameter, which employ one of several rhyme schemes and adhere to a tightly structured thematic organization. Francesco Petrarch first popularized the sonnet form and after that many others like Shakespeare, Edmund Spencer and many other started that.

Many toxic gases along with water vapour are emitted in vocanic eruptions. All such toxic gases include hydrochloric acid, sulfur dioxide, carbon dioxide, hydrogen sulfide and carbon monoxide. Methane is not produced in the volcanic eruptions.