Answer: the options are added below:
A. market forces would quickly direct an economy back to full employment.
B. lower wages would cause the central bank to reduce the money supply and thereby prolong the recession.
C. lower wages would stimulate inflation and thereby prolong the recession.
D. powerful trade unions and large corporations made wages highly inflexible.
The correct option is D.
Explanation: A Trade Union is also known as a labour union and it is an association of workers in a particular trade, industry, or company that is created for the aim of negotiating improvements in wages and salaries, benefits, better working conditions, or social and political status through collective bargaining.
The view of Keynes is that the trade unions that have become powerful have, in conjunction with large corporations, made wages highly inflexible.
What this means is that they always make sure that there will be no supply of labor if the wages are low, therefore Keynes is of the view that lowering wages will not direct a recessionary economy back to full employment, rather, increasing the wages will ensure that the trade unions and large corporations supply labor and therefore increase employment.
The term “Global Economy” is a term that refers to all of the economies of the world.
Sometimes this phrase is also used to discuss the international economy, or all economies around the world, and refers to how interdependent different countries economies are on each other.
Answer:
Programmed decision making
Explanation:
A programmed decision is one that is done by following already laid down rules and procedures. They are Carried out using formal patterns and the goals here are both clear and specific. These rules and routines in UPS are are a good example of how programmed decisions are done. As it can be seen on every aspect of their day to day business activities.
In order to make detailed business execution plans with an adequate hospital collaboration roadmap, it is necessary to organize and coordinate organizational resources in favor of growth and correct business flow.
<h3 /><h3>What is a business execution plan?</h3>
It corresponds to a transition model to replace products and services in the long term. The plan must contain the technical concept of the business, its functional prototype, all its specifications and a test version to correct some features before the final version is released.
For a business execution plan with a hospital collaboration roadmap, it is essential to identify site needs such as safety, meeting patient needs, and family involvement in hospital processes.
Therefore, a business execution plan for a hospital should contain strategies and tactics to improve processes for patients and professionals, increasing the quality and speed of service.
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Answer:
The Texas Railroad Commission
