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omeli [17]
3 years ago
11

As Veronica Janneck and her friends prepare to graduate from college, they are faced with numerous job offers with starting sala

ries better than they could have imagined when they began college four years ago. Based on this information, which stage of the business cycle would the economy be in?
A. Depression
B. Peak
C. Recession
D. Trough
E. Recovery
Business
1 answer:
anastassius [24]3 years ago
3 0

Answer:

The answer to this question is B. Peak

Explanation:

The peak stage of a business cycle is the stage where the economy is producing at is maximum rate and the rate of employment is higher. At the peak cycle, employment is at or above full employment, and inflationary pressures on prices are evident. A peak is the highest point of the business cycle, when the economy is producing at maximum allowable output,

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Answer: b. The median pay of economics majors increased more in dollar terms than any other majors in 2015.

Explanation:

Several sources have shown that Economics majors had the highest per dollar increase of all majors in 2015.

This has been put down to the need for more economists in the field as the years go by and world economics becomes more uncertain. Another key factor is the level of specialization and expertise required of economists as most entry level economists jobs require a masters at the very least.

7 0
3 years ago
The most efficient combination of resources in producing a given output is the combination that:
blondinia [14]

Answer:

Option (b) is correct.

Explanation:

(a) If a producer uses the almost same quantities of all the factors of production and if marginal output remains the same then this will lead to no gains.

(b) This is done by purchasing the combination of inputs which are yielding higher marginal outputs.

(c) This would result in a loss because all the resources are not utilized properly or we can say that resources are not used at their potential.

(d) For achieving the level of profits, labor should be devoted to the work for maintaining the higher level of growth in production.

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3 years ago
Refused Furniture. Selina arranges to sell furniture from her furniture store to Roland for $3,000. Roland was supposed to give
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Answer:B. She is entitled to recover the damages if she can show that Roland agreed to pay such damages in his contract with her.

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The non payment of the N500 installment by Roland constitute a breach of the sales contract, However an evidence of a commitment to be liable for additional cost that will be incurred will make it possible for Selina to recover the damages.

7 0
4 years ago
Global Industries has just issued new appraisal forms to all managers. The company has requested that each subordinate be rated
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Answer: judgemental appraisal method.

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By requesting that each subordinate be rated (performance evaluation) according to how closely the appraisal (pre-determined criteria) describes the employee, the company new form is an example of a judgmental appraisal method.

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