Explanation:
Financial markets limit access to capital in times of inflation to ease the market. Limit access to capital means that it becomes harder for companies to borrow capital. The interest rate is also increased. This limitation to access capital results in a slowdown of the growth of an economy and further results in increased unemployment rate.
When firms are not able to borrow money for their investments, their growth slows down and in a recession they are forced to layoff workers which results in an increase in unemployment rate. Decrease in the over production in an economy slows down the economic growth of the economy.
Answer:
China's opportunity cost of producing 1 bottle of milk is equal to one batch of pumpkins.
Explanation:
Given that in 2 hours, China can produce 6 bottles of milk, and in 5 hours, it can produce 15 batches of pumpkins, to determine what is the country's opportunity cost of producing 1 bottle of milk (in terms of batches of pumpkins), the following calculation must be performed:
Milk = 6/2 = 3 per hour
Batches of pumpkins = 15/5 = 3 per hour
3/3 = 1
Therefore, China's opportunity cost of producing 1 bottle of milk is equal to 1 batch of pumpkins.
If the total production exceeds the total expenditures this means that there are more goods are produced than the demand of each households. Thus, this will lead to an increase of inventory. Then this will signal the manufacturing firm that they have overproduced the goods which will lead to cut back the production. This leads to lesser prices and/or unsold goods alongside with the likelihood of unemployment. Therefore the answer is d.
In the context of diverse workforces, martial status is a secondary characteristic of diversity.
Other characteristics of diversity are age, gender, ethnicity and education. Having a diverse workplace allows for different individuals to come together and achieve more productivity.
Answer:
36*0.06
600
there are 600 total members in the club.
Explanation: