Answer: c. The median pay of economics majors increased more in dollar terms than any other majors in 2015.
Explanation:
According to research by several job websites, Economics majors saw their wages increase more than other majors in terms of dollar terms in 2015.
This has been attributed to the Economics field needing more specialization as most entry level economics jobs require at least a masters in the field. While there does not seem to be any reason for this, it is theorized that the need for Economists has been on the rise as economies become more uncertain.
<span>A public debt owed to foreigners can be burdensome because B) payment of interest reduces the volume of goods. This can usually be seen illustrated in the form of a nation lending another nation money. The debt is public because the whole nation takes it on. The lending nation then is lacking in terms of use by the lending nation.</span>
Answer:
<em>c. Synergistic Strategic Alliance</em>
Explanation:
Synergistic Strategic Alliance is <em>a two-way partnership where both of them collaborate with each other and share their core competencies with one another to make their total output more than mutual individual outputs.</em>
Therefore, through synergistic actions, both companies turn their vulnerabilities into strengths and thus become more effective on the marketplace.
Answer:
A. Procyclical policy.
Explanation:
Procyclical policy is basically is a government approach to increase goverment spending and reduces taxes while government is going through economic expansion.
Answer:
The correct answer is (C) only frictional unemployment exists.
Explanation:
The unemployment rate is considered natural and refers to this term in a certain way because there are workers who change jobs for professional aspirations or for the improvement of the quality of life, due to its proximity to the new workplace and the remoteness of the previous one. Even when there is full employment there are certain unemployed people, it is what is known as frictional unemployment, since workers need time to find the right job.
