I’m my opinion this has been the best one in like the pasted two year and also in my opinion the need a country person to sing at halftime.
If two men are producing the same good, but one of them is producing more, with the same constraints, then he has an absolute advantage.
<h3>What is Absolute Advantage?</h3>
This refers to the economic principle which means that one particular entity is able to manufacture a greater quantity of goods in a more efficient manner than their competitors.
Please note that your question is incomplete so I gave you a general description to help you better understand the concept.
Some of the factors that can affect absolute advantage are:
- Cheaper materials
- Less time used to produce the good
- Cheaper labor, etc
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Explanation:
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Answer:
c. $400 billion
Explanation:
Calculation to determine what an initial increase in aggregate demand of $100 billion will eventually shift the aggregate demand curve to the right
First step is to calculate the GDP Multiplier
Using this formula
GDP Multiplier=1/(1-MPC)
Let plug in the formula
GDP Multiplier=1/1-0.75
GDP Multiplier=1/0.25
GDP Multiplier=4
Now let determine the shift in aggregate demand curve
Shift in aggregate demand curve=4*100 billion
Shift in aggregate demand curve= $400 billion
Therefore an initial increase in aggregate demand of $100 billion will eventually shift the aggregate demand curve to the right by $400 billion
Answer: Option A
Explanation: Common stockholders refers to the holders of common equity of an organisation. These shareholders are actually the owners of the organisation. They have the potential to earn maximum benefit and bear the maximum risk.
They have the right to select the auditor and board of directors but they cannot interfere with the management decisions. This right stands in the domain of the top managers which are appointed by these shareholders.
Thus, we can conclude that the correct option is A .