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damaskus [11]
3 years ago
5

According to mainstream business cycle​ theory, _______. A. the money wage rate is sticky and consequently if aggregate demand g

rows faster than potential​ GDP, an inflationary gap emerges B. the money wage rate is sticky and consequently if aggregate demand grows faster than potential​ GDP, a recessionary gap emerges C. in a business cycle​ expansion, short-run aggregate supply increases by more than aggregate demand D. the economy is always at full employment
Business
1 answer:
Ymorist [56]3 years ago
6 0

Answer:

The correct answer is option A.

Explanation:

According to the mainstream business cycle theory, the potential GDP grows at a steady rate while the aggregate demand grows at a fluctuating rate. The money wage rate is considered to be sticky.  

So when aggregate demand increases more than the potential GDP, the supply is not able to increase as much as demand. This creates an inflationary gap in the economy.  

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Explanation:

The  various stages  which consumers go through when they are considering a purchase are as follows:

Problem or need recognition  , Information search , Evaluation of alternatives , Purchase , Post-purchase behavior

Evaluation of alternatives is the third stage in the Consumer Buying Decision process.  In this stage, the consumers evaluate all their options based on the attributes  of the products  which  is capable of  delivering  the benefit/ satisfaction that the consumer intends to get. Comparing the products (i.e different brands of products that is capable of satisfying  the consumer needs),   shows the alternatives being considered by consumers during the problem-solving process.

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Decertification

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Does retail storage with customer pick up pose any risk for distribution network?
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Inventory cost is higher than all other options. If there are many small players at the customer stage, each requiring small amount of the product at a time.

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When a buyer’s willingness to pay for a good is equal to the price of the good, the?
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= $8,388,333.

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