Answer:
a) resources are limited and efficiency implies that all resources are already in use
Explanation:
If production is efficient, it means that the economy is producing on the production possibility frontier and all resources are in use.
To produce one unit of a good, the economy has to forgo producing one unit of the other good.
I hope my answer helps you.
According to Diffusion of Innovation, or order for an innovation to ultimately be adopted it has to be compatible with social norms.
The theory that obtains to explain how, why and at what rate new ideas and technology spread through cultures.
Workers in an industry join together to form an industrial union, regardless of their trade or level of expertise. They now have stronger negotiating and strike power as a result.
Welders, electricians, factory line workers, and stock loaders and unloaders are just a few of the workers who are represented by the United Auto Workers, making it an industrial union.All of the workers are employed by the automobile industry.One of the biggest and most varied unions in North America is the UAW. Each economic sector is represented among its members.The UAW represents a variety of workplaces, including large, diverse enterprises, small manufacturers, state and local governments, as well as hospitals, private non-profit organizations, and institutions of higher education.
Both active and retired members of the UAW are united. Retirees are highly interested in the union and contribute greatly to its community outreach initiatives.The UAW has constantly formed creative alliances with companies and achieved pay raises and member benefits. The following are some of the bargaining advances used by the UAW:The first industrial worker health insurance program sponsored by an enterprise.The initial cost-of-living adjustments.Contributing to advances in product quality.
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Answer:
Currency in circulation and in bank vaults , checkable deposits and travelers' check
Explanation:
Money is defined as a generally accepted medium of exchange and a measure of the value of good and services.
One key property of money is liquidity. That to qualify for money , an asset must be in a state that it can easily be converted to cash in a short space of time.
Money must also be durable , divisible ,portable and valuable.
.The only qualified option is Currency in circulation and in bank vaults , checkable deposits and travelers' check
