A. Experiencing an inflationary gap; when actual output exceeds potential output the price level rises because employers have to raise wage rates to entice more people into the labor market and employers have to pay more for other inputs that become more expensive to produce.
What is an output gap?
The difference between an economy's actual and potential output is measured economically as the "output gap." The maximum amount of products and services that an economy can produce at its peak efficiency, or when it is operating at capacity, is known as potential output. Potential output is frequently referred to as the economy's production capacity. An output gap suggests that an economy is running at an inefficient rate—either overworking or underworking its resources.
How it causes inflation?
Potential output, which is often defined as the level of output consistent with no pressure for prices to rise or fall, is frequently used by policymakers to measure inflation. The production gap serves as a quick indicator of the relative importance of the demand and supply sides of the economy in this situation. Thus, the output gap is a crucial link between the real side of the economy, which generates goods and services, and inflation. It quantifies the strength of inflation pressure in the economy.
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Answer:
C). Prepare their thoughts in advance.
Explanation:
A speaker aims to serve a specific purpose through his/her speech(to inform, to entertain, to convince, to motivate, etc.). In order to serve this purpose effectively by the end of the speech, it is very crucial to 'prepare the thoughts that the speaker wishes to convey in advance' as <u>it helps him/her in organizing the thoughts in a logical order to ensure its efficacy</u>. It <u>also assists in analyzing whether the thoughts get along with each other and also keeps room for creativity</u> which can enhance its impact and make the purpose more successful. Thus, be it one or one hundred people, it is important for a speech to be prepared in advance and hence, <u>option C</u> is the correct answer.
First-Look Analysis for Hospital Outlier Monitoring (FATHOM) is a hospital payment monitoring program that contains hospital-specific administrative claims data for a number of CMS-identified problem areas to compare their performance with that of other hospitals.
A Microsoft Access program called FATHOM: First-Look Analysis Tool for Hospital Outlier Monitoring enables CMS to give each State hospital-specific Medicare claims data statistics that show regions with a high payment mistake rate. These target area data act as proxies for payment mistake rates.
An observation that differs greatly from the other data in its set is considered an outlier. To find these entries, an auditor will use a variety of methods, procedures, and tools. Data mining is one such tool that the auditor might use to evaluate information.
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Explanation:
A. Operational plans are the term for work plans that describe how a company will put its goals into action.
B. Business plans mean a formal plan that sets out the future strategy and financial development of a business.
C. Project frameworks describe the goals of a particular project, usually for a specified period of time.
D. Auditing refers to the process of examination of financial records to make sure that they are authentic and correct.
E. Debt finance can be defined as the money that must pay paid back.
F. Equity financing is the process of selling common stock or preferred stock to investors in order to raise money.
G. Marketing plan can be defined as details action necessary to achieve a specified marketing objective.
H. Performance management is used to gather information used within an organization that provides information for managers and employees to help them in performing their jobs.
I. Accounting is the process of recording, classifying, summarizing, interpreting, and communicating financial information about a business.
J. Operating expenses refer to the money required to keep a business going.
Answer:
The correct answer is A. True
.
Explanation:
The strategic position tries to identify the external environment, resources, competencies and capacities of an organization, as well as the expectations and influences of the interested parties, in other words, the development of the SWOT matrix.
The strategic positioning has been established as one of the main alternatives for the performance of organizations, since in addition to allowing companies to differentiate themselves from their competitors and give added value to the product and / or service they offer, they respond to the needs of buyers, leading not only to the satisfaction of the same, but achieving the favorable perception of customers, for the company, including loyalty for the product or service, which today is a great challenge, due to the strong competition.
