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3 years ago

Macroeconomics studies the economy as a whole. True or False?Macroeconomics studies the economy as a whole. This is true.

1 answer:

Nutka1998 [239]3 years ago

7 0

This is true. Macroeconomics studies the entire economy as a whole while microeconomics studies specific aspects of the economy.

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Fiat money has an alternative use as an economic good, while commodity money did not. True or false

Drupady [299]

Answer:

False

Explanation:

Commodity money is money whose value comes from a commodity of which it is made. Commodity money consists of objects having value or use in themselves (intrinsic value) as well as their value in buying goods.

Fiat money is a currency without intrinsic value that has been established as money, often by government regulation. Fiat money does not have use value.

4 0

4 years ago

The concept which refers to the idea that individuals rise to their lowest level of incompetence is the?

Ne4ueva [31]

The Peter Principle is an observation in most organizational hierarchies such as: That of the company is that each employee works his way up the hierarchy through promotions until he reaches the appropriate level of incompetence.

1. Lack of legal capacity, especially to testify or bring to trial. Also called "impossible". It can be caused by various kinds of disqualification, incapacity or incompetence. A court may appoint a guardian for a person found to be unsound by a formal hearing.

The definition of incompetent is a person or something that is unqualified, inadequate, or inadequate for a particular purpose. An example of incompetence is someone who is behind the wheel of a manual transmission car and does not know how to operate a stick shift. Lack of qualities necessary for effective action or action.

Learn more about incompetence at

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7 0

2 years ago

Jamal needs to add universal action buttons to the slide master. Under which tab can the PowerPoint slide master be found? Desig

lukranit [14]

Answer:

View tab

Explanation:

The PowerPoint slide master can be found in the view section. To find the slide master, click on the view tab in the PowerPoint presentation and scroll to slide master.

Cheers.

8 0

3 years ago

How can gdp per capita and poverty rates indicate standards of living in each system?

katen-ka-za [31]

Answer:

both measures that can be used to measure standards of living because they are both measures of how much money people have.

Explanation:

I hope this helped

6 0

3 years ago

Productivity is the Blank______ at which goods and services are produced based upon total output given total inputs. Multiple ch

Tomtit [17]

Productivity is the "rate" at which goods and services are produced based upon total output given total inputs.

<h3>What is rate pf productivity?</h3>

In economics, productivity is the ratio of output to input, such as labour, capital, or any other resource. It is frequently determined for the economy as a ratio of hours worked to gross domestic product (GDP).

Labour productivity is calculated by the formula-

the labour productivity equation: total output / total input.

The residual of any discrepancy between the rate of output growth and the rate of input growth is used to calculate productivity growth.

To know more about the gross domestic product (GDP), here

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6 0

2 years ago