Explanation:
1 True 2 True 3 True 4 5 True
Your answer is B thank you and please mark brainlist
Producers, Consumers, and Money
If producers can not make items and consumers can not buy gems both without having money then items become scarce.
Answer:
The result would likely be a contraction of the economy. The GDP would probably fall or grow less.
A goverment applies contractionary fiscal policy when it reduces spending. Less government spending can reduce economic activity because spending can be a form of investment. For example, when the government spend less on building schools, roads and infraestructure, the people who build those lose their jobs, receive less income, consume less, and the economy contracts.
Contractionary monetary policy is applied by the central bank (the Federal Reserve in the United States). It would consist in reducing the amount of money available (the money supply). Less money in the economy results in higher interest rates. This creates a cycle in which banks give less loans, and investment falls. Less investment contracts the economy.
Answer:
The correct answer is A)The firm is technologically inefficient and also economically inefficient
Explanation:
It is technologically inefficient because it is using 12 units of capital to produce 100 units of output, when it could only use 8 units of capital to produce the same output. In other words, it is using more capital than it has to, and that is a sign of technological inefficiency.
It is also economically inefficient because it is pouring more money ($150) to produce output, than it has to ($120).
