Answer: b. When population exceeds real GDP growth
Explanation:
Gross domestic growth(GDP) is the monetary value of all finished goods and services done within in a country over a period of time. When the population of a country exceeds what it produces there would be record in decline in productivity of the country. This is a serious problem as it could lead to other factors as scarcity(having high demand and low supply), it could lead to poverty as there won't be much jobs as production is not commensurate with population.
Answer: B
Explanation: There is an unlimited amount of wants but limited amount of resources
Answer:
True. This is Interactional Justice
Explanation:
Interactional justice is when people are treated fairly, with respect and sensitivity. It is when decision makers explain thoroughly the reason(s) behind their decisions.
The question above is an example of interactional justice. Another example is when managers promote employees based on merit, performance and experience rather than based on personal attachments or sentiments.
<span>False. A director should never vote on a proposed transaction in which they have a vested personal interest. This is called a "conflict of interest" and has legal repercussions in most areas.</span>
