Answer:
2. What to produce, how to produce it, and who gets it.
Explanation:
Scarcity of resources is the major issue, Economics deals with.
In any economy resources are scarce i.e limited in quantity and how efficiently those resources are used is what Economics revolves around.
The central problems in an economy are:
- What to produce
- How to produce
- For whom to produce
Economics aims at answering this central problem.
Answer: the quantity demanded of financial capital at any given interest rate will shift to the right.
Explanation: Demand for financial capital depends on the rate of interest in the financial market as well as only ability to pay of the borrower. If the borrower is sure that they will be able to successfully repay the loan then they will demand more loans from the financial market.
Therefore, when consumers and businesses have greater confidence that they will be able to repay in the future, they will demand more loans and the the quantity demanded of financial capital at any given interest rate will shift to the right.
Answer:
The correct answer is: Organizational culture is the personality of the organization (beliefs, assumptions, values, norms, artifacts) while leadership climate are beliefs and perceptions held by members as a result of leadership actions.
Explanation:
On the one hand, the organizational culture is a concept known in the field of business for refering to the informal state of the company itself. And with that the concept involves terms like beliefs, values, norms and more that all indicate one single thing, the way that the internal organization is held by its members and how they act according certain situations.
On the other hand, the leadership climate refers as well as beliefs and perceptions but in this case is associated to the way that the leaders behave and how their actions influence the way the employees and other members expect to behave and act as well.
Answer:
They are not perfect sciences. You are never 100% sure of the consequences and outcome of a remedy. Medicine is a practice and economics is also a practice.
Explanation:
Applied sciences are fields of study where there is use of existing knowledge for some practical purpose.
Exact or natural sciences on the other hand provide basis on which applied sciences are practices.
Medicine and economics are applied sciences because there is no 100% certainty of the consequences or outcome of a remedy.
Economics is a social science that analyses human behaviour that is assumed to be mostly rational. However it is not an exact science because lack of consensus on hypotheses, lack of testable hypotheses, and political polarisation amongst economists.
Medicine is also not an exact science but a practical application of the knowledge of treating illnesses. In practice the outcome of treatments are not always 100% sure
The correct answer would be, Mental, Emotional and Physical.
When matching aptitude to careers, Mental, Emotional and Physical categories of aptitude should be considered.
Explanation:
Aptitude is a person's ability to do something or some task naturally. It shows the natural interests of the people towards something. Aptitude is the inborn potential of a person to do something, whereas ability is the developed knowledge about certain things.
When matching aptitude to careers, three things are of high importance. These are Mental, Emotional and Physical stability of a person. It is seen that either the person who is going to pursue a specific career is mentally, emotionally and physically able and fit for the job or not. Their aptitude is matched with these categories to evaluate their overall career interests.
Learn more about Aptitude at:
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