<u>ANSWER:</u>
The correct options are: B- "Full employment is a macroeconomic goal" and D- "Inflation is the rise in the prices of goods and services".
<u>EXPLANATION</u>:
- Macroeconomics studies issues like employment, inflation, poverty, unemployment etc. and so the goals of macroeconomics deal with all such issues.
- "Full employment" refers to a 'situation' wherein every individual who has the capability to work and earn is provided with a job. Inflation is the "rise of prices" of services and goods .
- Inflation makes it impossible for most people to buy even the necessary goods and services. Inflation also affects the demand of "goods and services".
The process of increasing the amount of capital used per worker is called Capital Deepening.
Capital Deepening is a term used in economics to describe a situation in which capital increases per worker, is an increase in capital intensity. It is often measured by the stock of capital per hour of work. In general, the economy will expand, and the producitivity of each worker will increase. However, the intensification of the capital factor will not mean that the economic expansion will continue indefinitely, partly due to diminishing returns. The investment is also required to increase the amount of capital available for each worker in the system and therefore increase the proportion of capital with respect to labor, this promote economic growth , because the increase in productivity requieres the accumulation of all stocks of capital per worker.
The process of globalization has a direct impact on worldwide communication, which in turn contributes to the expansion of economic possibilities, the breaking down of cultural boundaries, and the formation of a global village. Both globalization and global communication have brought about changes in the world's environment, culture, politics, and economy. These shifts are the result of globalization. This is further explained below.
<h3>What is Globalization?</h3>
Generally, the process through which corporations and other organizations start functioning on an international scale or establish worldwide influence. Also called globalization.
In conclusion, The process of globalization has an immediate impact on worldwide communication, which in turn contributes to the expansion of economic possibilities, the breaking down of cultural boundaries, and the formation of a global village. The world's environment, culture, political system, and economy have all been impacted by the changes brought about by globalization and global communication.
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In January 2015 crows filled the sky and people walked up to find 100 plus corpses floating in a canal near the Ganges river. Those who've let their deceased
Loved ones go in the Ganges river (due to not affording it, can coast up to a third of their yearly wages) are hoping wild dogs get the bodies but when dogs don't come, they bodies rot..thus polluting the river.
7.53 in 2017
But there are still more to come
