Answer:
The correct answer is letter "C": the equilibrium level of employment reached after all wages and prices have fully adjusted.
Explanation:
Full Employment is a situation in which all available human resources are utilized at their highest degree. Each worker is in a job where that worker has his or her more productive use and benefit to the aggregate economy. Full employment is usually achieved in a robust economy when employment reaches its equilibrium point after wages and price adjustments, but can potentially be achieved in any economy.
Answer: Product advertising focuses on promoting specific individual products, while institutional advertising focuses on promoting your overall brand.
Explanation:
Answer:
The correct answer is option C.
Explanation:
One of the goals of the federal reserve banks is to have price stability in the economy. Though price stability does not imply zero inflation. A small level of inflation is good for economy as it helps in growth of production.
So in order to acheive the goal of price stability, the rate of inflation should be low such as 1-3% and it should be consistent.
Very high inflation is harmful for the economy as it erodes the real income and wealth. Deflation is also not good for economy as it causes reduction in production and employment
<span>Popular author J. K. Rowling, who was once poor, has earned a fortune with her Harry Potter books. Rowling is now a member of the upper-middle class.
Though J. K. Rowling has made a fortune for herself from her Harry Potter series and moves, she started out on the very bottom. Most people in the upper-upper class have been wealthy from generations to generations and it is passed down. Though members of that class can earn it on their own, they are typically people in power over major decisions. Rowling is above the middle class as income goes and falls right in the upper-middle class category. </span>
