The third phase of the Keynesian LRAS Curve shows the economy at full employment. This means that the factors of production are being used at full capacity.
<h3>What do you mean by long-run aggregate supply?</h3>
Long-run aggregate supply can be defined as the output that an economy can produce while using all the factors of production and operating at full employment level.
The third phase of the Keynesian LRAS curve shows that the economy is at full employment which means that factors of production are being used at full capacity.
Therefore, B is the correct option.
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Answer:
Fixed ratio
Explanation:
The Fixed ratio schedule is used in ope-rant conditioning. Ope-rant conditioning is work on the relationship of response and stimulus due to that the behavior of a subject has been changed.
As the name indicated the reinforcement is being given after a fixed ratio for example after every ten times the reinforcement is provided to the rat in the box. So the rat can learn the behavior.
In this type of reinforcement, the schedule will remain constant. If the reinforcement is not provided after a fifth, tenth or any fixed number then it won't be a fixed ratio.
This economic system is called<em> socialism.</em>
Socialism is an economic system where everyone in the society equally owns the factors of production. The ownership as such is in the hands of the<em> government</em> that controls all means of production and distribution of goods.
The factors of production are : land, labor, capital and entrepreneurship.
In a socialistic economy, the land is owned by the state and private property is limited and difficult to obtain. Labor is heavily regulated and most people are employed in state-owned companies. Workers do not have many rights and they have to obey the government which also decides what is being produced and in which capacity ( planned economy ).
Socialism does not reward people for being entrepreneurial and competitive as competition is no existing and everybody reaps the same benefits of their work.
Answer:
become more demoralized after a failure. often have negative expectations about their performance
Explanation:
Coping may be described as the several ways an individual employs in other try and navigate or deal with challenging or troubling situations. The use of actions or thoughts may be employed depending on the nature of the issue or kind of individual. Therefore, an individual with a low level of self esteem, a person like this does not believe in himself or herself and has such will have a very tough time building a strong emotional fight against problems. Similarly, individuals who are self blaiming will have tend to be down after a failed attempt and due to low self esteem will not believe in his ability.
Answer:
The Pride of my people has turned into oppression
Explanation:
I suggest this please
