It means that excess demand in resource markets will lead to higher resource prices, which will increase costs and direct the economy toward full employment.
Explanation:
An economy’s full employment output is the highest production level when all available resources are used efficiently. It equals the highest level of production an economy can sustain for the long-run. It is also referred to as the full employment production which results in long term supply of the finished good.
When there is increased demand then eventually there will be an increase in the price and also costs of the production which leads the economy towards the full employment output as it is a sustainable output.
I believe the answer is: D) excessive credit expansion
Excessive credit expansion allow a person to obtain high value assets even if they do not have any money to pay for it. This create an economic bubble that eventually popped overtime, creating a massive economic depression that almost drive the nation into bankruptcy.
Answer:
i would say asking a team member in a team meeting why their work is lagging behind schedule
Explanation:
Out of the choices given, the choice that is NOT a use for project plans in the workplace is teacher lesson plans. The correct answer is B.
Answer:
6
Explanation:
Marketplace simulations are designed for university business courses and for executive programs. It is developed by Innovative Learning Solutions Inc. The simulation enables students to experiment business strategies, test run their business ideas and get the consequences of their actions. This is gotten in a virtual business environment.
