Answer:
1. In the short run, wages and other prices are stagnant making the economy to run below or above the normal level. In the long run, wages and prices are fully flexible, and this allows the economy to run at its natural level.
2. This distinction is important because it helps us to see how difficult it could be to sustain the real gross domestic product and employment rates thus making the economy to run at a normal level or achieve its full potentials.
Explanation:
Stickiness or stagnancy of wages can be seen in the fact that it is most time difficult to fluctuate or change the wages of workers overtime. The prices of most goods are also sticky when they remain unchanged over a given period of time. These conditions exist in the short run, and make the economy to run above or below its full potentials. The real GDP and unemployment levels are negatively affected.
In the long run, flexibility of wages and prices are achieved and this makes the economy to run at its full potentials. The real GDP as well as the employment rate are at their optimum level then.
Hey there!
(economic) growth is when the country or the city is more wealthy in money. This would mean that there are not lacking in making this city or ect, look good, they have food to eat, water, and this is what make a economic city place look good. It is also when places have money to use on other thing's as a skating rink or things of that case.
Answer:
$40 billion
Explanation:
Data provided in the question:
Amount spend by government = $4 trillion
Amount raised by Taxes = $3 trillion
Interest rate = 4%
Now,
The bonds to be raised by the government
= Amount spend by government - Amount raised by Taxes
= $4 trillion - $3 trillion
= $1 trillion
or
= $1000 billion
Therefore,
The interest paid by the government each year
= Amount of bonds × Interest rate
= $1000 billion × 0.04
= $40 billion
An indicator of project success within an organization is the strength of the Organization Culture to support the project management structure.
<h3>The value of culture to your business</h3>
All facets of your company are impacted by organizational culture, from contract terms and employee perks to timeliness and tone. Your employees are more likely to feel at ease, supported, and valued when your workplace culture matches their preferences. Companies that place a great emphasis on culture are better able to withstand challenging times and changes in the business environment.
When it comes to luring people and exceeding the competition, culture is a crucial edge. Nearly half of workers would quit their current position for a lower-paying position at a business with a superior culture, and 77 percent of job seekers think about a company's culture before applying.
To know more about ' Organization Culture', visit :brainly.com/question/26965722
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The Federal Application for Student Aid (FAFSA) form: is a form that can be prepared yearly by current and prospective undergraduate and <span>graduate </span>college students in the U.S. to determine their eligibility for student financial aid.
<span> FAFSA shouldn't be confused with the</span><span> </span><span>CSS Profile--</span><span> a fee-based product of the</span><span> </span><span>College Board</span><span> </span><span>and usually used by colleges to distribute their own institutional funding rather than federal or state.</span>