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Zanzabum
3 years ago
13

In the real business cycle model, this best explains an increase in real GDP above the full-employment level?

Business
1 answer:
umka21 [38]3 years ago
7 0

Answer:

a positive technology shock

Explanation:

Technology is part of the capital factor of production, and it is the most important way of increasing the quality of capital. An increase in the quality of capital means that given a same amount of capital (e.g one machine), labor will be able to produce a larger output (an increase in productivity). Technological improvements are usually achieved through research and development.

Technological improvements also affect the land factor since they can reduce the use of natural resources and wastes, although the largest impact is usually made on labor productivity.

When a country's productivity increases, real GDP might increase above full employment level because less workers are needed to produce larger outputs.

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3 years ago
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Taya2010 [7]

The control systems used in international firms are;

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  • bureaucratic
  • output
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<h3>What is the control system?</h3>

A control system serves as set of mechanical or personal devices that are used in regulating other other devices or systems.

In international firms this control system helps to monitor the ethics, standards that are required by the international firm in relation with other firms across the globe.

Learn more about control system at;

brainly.com/question/14364696

6 0
2 years ago
If you consider the equity of a firm to be an option on the firm’s assets then the act of paying off debt is comparable to _____
snow_tiger [21]

Answer: The correct option is "c.exercising an in-the-money put option".

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because he would be paying the debt with the participation in the equity of the company.

3 0
3 years ago
Labeling researchers focus on "extra legal" variables to explain differences in arrest and prosecution rates as well as entencin
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Extralegal factors are those that are not covered or regulated by law. Examples of these factors or variables include gender, age, social class, race and economic status. Consciously or not, these variables can be taken as "biases" that may affect prosecution and arrest of certain individuals. 
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3 years ago
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