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mafiozo [28]
3 years ago
9

24. Long-run growth in real GDP is determined primarily by ______, while short-run movements in real GDP are associated with ___

___. a. variations in labor-market utilization; technological progress b. technological progress; variations in labor-market utilization c. money supply growth rates; changes in velocity d. changes in velocity; money supply growth rates
Business
1 answer:
d1i1m1o1n [39]3 years ago
7 0

Answer:

The correct answer is option b.

Explanation:

Technological progress refers to the technological advances or innovations through which it is possible to produce more output using the same level of input or produce same level of output using lesser inputs.

Real GDP measures the change in economic output at constant prices.

In the long run real GDP will not be affected by change in market prices. The long run growth happens because of technological progress.

In the short run the changes in real GDP will happen because of variations in labor market utilization.

Since real GDP is measured on constant prices, it will increase when there is an increase in economic output. Output can be increased by employing more inputs.

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Answer: they are in very high demand

Explanation:

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3 years ago
Chapter 2 Discussion
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Answer:

1. Many people do not trust businesses that sell products online, especially if they are not familiar with the company’s name. Yet they will walk into a new business in their city and shop with little concern. What causes the difference in people’s views of online businesses versus traditional businesses?

The idea of interactive with a non human entity as a computer make people feel acquard as they distrust what are the final intentions of the person behind the e-shop. They also feel fear as ther dont know where they can go to complain about some deal gone wrong.

2. Do you agree with Dontae that it is easier to shop in an actual store in a mall than from the same business online? Why or why not?  

No, it is easier to buy online as the person do not need to expend the same time an energy in going and buying from a mall

3. What is your opinion of Jillian’s comparison between entering a credit card number online and handing the card to a clerk who checks it using a telephone line from the store to the credit card company?  

I agree, it is the same as buying online, as the clerk could commit a crime as well as the person that is in the telephone.

Chapter 2 Discussion

4. What do you think of Toni’s idea of downloading music for free? Do you think this is legal? How can Toni be sure that she is engaging in legal and ethical behavior when she uses the freemusic site?

Is a good idea and it depends in the type of page you are browsing. If the internet page has a disclaimer saying that the music that is offering is free to download and is legal there is no unethical behavor in it.

Explanation:

7 0
3 years ago
Spreadsheet software can be used to do all the following except
agasfer [191]

open a savings account.

3 0
3 years ago
Employees and customers are treated like a family at State Street Coffee House. Jason and Jill, the owners, work to encourage un
qaws [65]

Answer: (D) Clan culture

Explanation:

The clan culture is one of the type of friendly type corporate environment in an organization and it is also known as collaborative culture. Clan culture is one of the element of corporate clan culture model.  

There are many types of advantage of clan culture in an organization are as follows:

  • Clear communication
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According to the question, Jason and the Jill are the owner of the company an they always encourage and also motivate their employees. They also try to increase the job satisfaction among the employees and they try to built the clan culture in the company.

Therefore, Option (D) is correct.

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3 years ago
What are the characteristics of different sourcing arrangements?
VLD [36.1K]

Answer:

Explanation: The characteristics of the different sourcing arrangements are as follows:

• They satisfy the needs of customers or consumers.

• They have adequate inventory management.

• They carry out an appropriate sales process going through each of its stages, such as: obtaining the raw material, producing products, as well as distributing, transporting and delivering them without losing minimum details.

• They provide supplies in the agreed time.

• They take into account factors such as planning, monitoring or control in case of unforeseen cases that may arise during the supply chain.

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