Analyst Questions

An increase in the price level will cause a movement up the aggregate demand curve.

Microeconomics deals with the 

* Allocation of resources of the economy as between production of different goods and services.

* Determination of prices of goods and services.

* Behavior of industrial decision makers.

There are basically two important phases in a business cycle that are prosperity and depression. The other phases that are expansion, peak, trough and recovery are intermediary phases.

Expansion is a phase in which, when the economy moves from a trough to a peak. It is a period when the level of business activity surges and gross domestic product (GDP) expands until it reaches a peak.

Black Power Movement can be termed as a cultural revolution that changed African American’s view about blackness. This movement encouraged them to be proud of their history, culture, and identity and celebrate their uniqueness.

The cultural influence came from the black power movement is Pride in Blackness.

According to the civil rights act 1964, the civil rights became part of the US constitution.

The Treaty of Versailles was designed mostly to punish Germany, reflecting the bitter and vengeful feelings that Britain and France felt towards their World War I enemy.

It took away the German empire by seizing its colonies, and it limited the German Army to a 100,000 man security force.

The Gulf of Tonkin Incident, in 1964, was a major turning point in United States military involvement in Vietnam. The Gulf of Tonkin Incident occurred in August 1964.