Answer:
C.
Explanation:
National income accounting records the value of national income that results from production expenditure.
Producers earn income from buyers who spend money on goods and services.
The amount of expenditure by buyers equals the amount of income for sellers equals the value of production.
Is often defined to be the income earned by a nation´s factors of production, the measure the aggregate economic activity.
Two causes of an increase in the quantity of labour are:
- more favourable labour laws
- an increase in immigration into a country.
<h3>What are the causes of an increase in the quantity of labour?</h3>
When the quantity of labour increases, it means that the labour available in the labour market has increased. An increase in the quantity of labour is sometimes a positive indicator because it means that more production activity can be undertaken.
When a government enacts favourable labour laws, it encourages discouraged workers to re-enter the labour force. For example, if the government increases the minimum wage, more people would be encouraged to work.
Also, immigration increases the quantity of labour. Immigration is when people move from one country to another.
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<span>Fiscal policy allows the government to adjust taxes and government spending during times of recession and in times when the economy is doing really well. During a recession the government will often lower taxes and interest rates and increase government spending in order to boost the economy. When the economy is going well, tax rates and interest rates will be increased and government spending will be slashed in order to create a surplus for harder times when the government needs to spend more.</span>
Answer:
Convenience, an online store that offers its products via its online click-to-order catalogs.
Explanation:
Direct marketing channels is a marketing strategy that places the company directly in contact with its prospective customers.
Direct marketing channels include;
- Telemarketing
- Face-to-Face Selling
- TV and other media services
Convenience, an online store that offers its products via its online click-to-order catalogs uses direct marketing channel.
The term income effect used in economics describes a situation where a higher price causes a reduction in the buying power of income, even though actual income has not changed.
<span>It denotes the change in demand of a good or service as a result of a change in a consumer's discretionary </span>income<span>. </span>