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iVinArrow [24]
3 years ago
13

In the late 1990s, the United States experienced very high GDP growth, record low unemployment rates, and virtually nonexistent

inflation. Based on the conclusions of the AD/AS model, this combination of good economic results can be explained by a __________.
a. rightward shift of the aggregate demand.
b. leftward shift of the aggregate demand.
c. rightward shift of the short- or long-run aggregate supply.
d. leftward shift of the short- or long-run aggregate supply.
Business
1 answer:
Kipish [7]3 years ago
5 0

Answer:

d. leftward shift of the short- or long-run aggregate supply.

Explanation:

A smaller labor force would usually lead to a reflection in the leftward shift in both short run aggregate supply and potential GDP ( gross domestic product) of the economy. What this means is it would lead to a lower level of equilibrium with GDP ( gross domestic product) and a higher price level.

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Which of the following statements is NOT true regarding locationâ decisions?
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Answer: The correct answer is choice b.

Explanation: Location is very important for businesses. Of the options presented, the only one that is incorrect is choice b - Once management is committed to a specific location, many costs become easy to reduce. This choice is incorrect. Even though management is committed to a location, it does not mean that it is easy to reduce costs. Even though they are committed to a location, it may be impossible to reduce costs.

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Hich best explains how the law of demand affects consumers?
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Answer:

It helps consumers tell producers when prices are too high.

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Consumers can communicate with producers through the volume of products purchased. When the quantity purchased is low, producers will know the set prices are high.

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3 years ago
If your job at the company is to improve existing products, you are probably using the ________ strategy.
ryzh [129]

If your job at the company is to improve existing products, you are probably using the development strategy.

<h3>What is the development strategy?</h3>

This is the term that is used to do with the actions that would involve the research and the identification of the strategic options in the business. It has to help in such a way that it would provide the resources that would help in the achievement of objectives.

Hence we can say that If your job at the company is to improve existing products, you are probably using the development strategy.

Read more on development strategy here: brainly.com/question/27801561

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