Answer: Improve management development process
Explanation:
The computer aided software engineering would improve management development process, customers information would be managed appropriately and doing banking activities would be easier.
It means that the demand for a good or service is greater than the availability of the good or service. Therefore, scarcity can limit the choices available to the consumers who ultimately make up the economy. Scarcity is important for understanding how goods and services are valued.
<h3>How has scarcity forced you to make economic choices?</h3>
Scarcity forces all of us to make choices by making us decide which options are most important to us. The principle of scarcity states that there are limited goods and services for unlimited wants. Thus, people need to make choices in order to satisfy the wants that are most important to them.
<h3>What is scarcity of resources?</h3>
Scarcity in economics refers to when the demand for a resource is greater than the supply of that resource, as resources are limited. Scarcity results in consumers having to make decisions on how best to allocate resources in order to satisfy all basic needs and as many wants as possible.
To learn more about Scarcity , refer
brainly.com/question/1888324
#SPJ4
Answer:
Effect on living standards. ...
Pressure on public services and government borrowing.
increase in aggregate demand (AD).
Answer:
D. All of the above.
Explanation:
Full employment describes an economic situation where every able and willing worker is employed. It represents a situation where the highest possibles numbers of unskilled and skilled people are in employment. In practice, full employment is when the economy attains the optimal levels of unemployment.
At full employment, the unemployment rate will be above zero percent. The reason is that the economy will always have as frictional unemployment. Frictional unemployment is the time it takes for an individual to find their ideal job. Structural and frictional unemployment contribute about 2 to 3 percent of unemployment in the economy. Economists thus consider a 3 percent unemployment as full employment.
Answer:
d) Application
Explanation:
Critical thinking can be defined as the ability of an individual to establish clear and reflective thinking on any subject, whose focus is on making their own decisions and finding out what they want to believe in, rather than just accepting what they see or it is heard as an absolute truth.
Therefore, the most appropriate alternative to this question, about what is the level of critical thinking achieved when you can remember
something you know about a subject, is the application level.
Applying information occurs when a person makes use of information previously learned and understood, therefore the application of information on a new subject, helps in transferring solutions from one problem to solving another problem.
