The complete question is
In the above figure, the inflationary gap when AD2 is the aggregate demand curve equals
A) the difference between 110 and 100.
B) the difference between $12.5 trillion and $12.0 trillion.
C) LAS minus SAS at a price level of 100.
D) AD1.
The Answer is option B the difference between $12.5 trillion and $12.0 trllion.
Explanation:
The inflationary gap is calculated by subtracting anticipated GDP from real GDP of the economy. The x-axis represent the national income and y-axis represent the expenditure.
It is the excess of aggregate demand over its level required to maintain full employment equilibrium in the economy. in the figure AD2 represents the aggregate demand curve.
Thus, inflationary gap when AD2 is aggregate the demand curve equals the difference between $12.5 trillion and $12.0 trillion.
Answer:
a. Is caused by changes in the business cycle.
Explanation:
Cyclical unemployment depends on the economic cycle that a country's economy is going through at a given time. In stages of recession or crisis, cyclical unemployment increases while in phases of expansion they decrease.
In economic terms, cyclical unemployment is said to be a fluctuation in the unemployment rate with respect to its natural rate, that is, the unemployment rate that cannot be reduced and is considered normal in an economy.
Cyclical unemployment increases when there is a fall in the economic activity of a country. In times when companies reduce their sales and investments, the demand for work is also reduced, so some people are laid off from their jobs while others cannot find a new job.
This type of unemployment is expected to reduce as economic activity begins to reactivate.
Answer:
Ttechnical assistants are junior-level administrative employees who report directly to the company manager or team leader. Their role is to provide both administrative and technical support for business clients or the internal team. Technical assistants work in a variety of fields including healthcare, computer science, manufacturing, and bankingg.
Explanation:
It should be B, because you can't just stop in the middle of the road, especially a busy one, though if your car stops on it's own (stalls) it's not by choice and put your hazard light one, and just using your mirrors is extremely dangerous! You need to see in front of you to, mirrors only see what's behind you.
Answer:
The correct answer is Option A.
Explanation:
Corporate social responsibility (CSR) means the organization should be responsible socially to itselfs, stockholders and the public at large. The concept of CSR to the general public connotes that an organization is responsbile socially to the community where it operates.
Some orgranizations that emit air pollution are encouraged to look for a better and efficient way of operating. More so, in a situation whereby an organization's operation has caused damage or there is threat to the environment, the organization can offer a helping hand. A case in point is the coronavirus pandemic, with private organization assisting in any way possible.