Answer:
Asian Tigers
Explanation:
In the 1980s and 1990s these four countries from the asia; Hong Kong, South Korea, Singapore, and Taiwan achieved the status of developed countries. There was a great development in the industrial scenario of these countries which in turn greatly improved the economical condition of these countries. There influence in the region also grew with their development.
Even today these four countries are very developed in education, science and technology, exports, information & technology, innovation etc.
Answer:
c. those waiting to be recalled to a job from which they had been laid off
Explanation:
Employment need not mean to be employed under a citizen it basically means to be working and earning, whether under permanent contract or under temporary contract.
Being on vacation do not mean to be unemployed it basically means to be on temporary leaves, and that the leaves might or might not be paid.
Involving one self into family business is also employed.
But a person who is removed from job and then is waiting for a call is clearly unemployed.
Answer:
Option "C" is the correct answer to the following situation.
Explanation:
Bounded rationality is the concept that we make informed decisions but within the constraints of the information available to each other and our intellectual capacity.
Bounded rationality is the belief that the wisdom of people in decision-making is restricted by the knowledge they have, the logical capacities in their brains and the small number of hours they need to make a decision.
Therefore, option "C" is correct answer
Economists call GDP that uses constant, unchanging prices as
<u>Real GDP</u>
Explanation:
- Real gross domestic product (real GDP for short) is a macroeconomic measure of the value of economic output adjusted for price changes . This adjustment transforms the money-value measure, nominal GDP, into an index for quantity of total output.
- It is calculated using the prices of a selected base year. To calculate Real GDP, you must determine how much GDP has been changed by inflation since the base year, and divide out the inflation each year.
- Real GDP accounts for the fact that if prices change but output doesn't, nominal GDP would change.
- The real economic growth, or real GDP growth rate, measures economic growth as it relates to the gross domestic product (GDP) from one period to another, adjusted for inflation, and expressed in real terms as opposed to nominal terms
I believe the answer is: . reducing the information-processing requirements of a job
information-processing requirements refers to the things that needed to be acquired before a certain actions or thinking could be made. The reduction of information processing requirement could be done by dividing the tasks into smaller and a more simple form or by creating a unique flow chart that increase employees' understanding regarding the task.
